DeFi Development purchases 16,447 Solana

DeFi Development (DFDV) announced the purchase of 16,447 Solana at an average price of $139.66 representing a total cost of approximately $2.3 million. At current market prices, the value of the purchased SOL is approximately $2.9 million. This marks the Company’s 11th SOL purchase under its crypto treasury strategy. Following this transaction, DeFi Development Corp. now holds a total of 609,190 SOL, valued at approximately $107 million – the largest SOL position of any publicly traded company. “We continue to build long-term exposure to Solana with one clear objective: increase SOL per share,” said Joseph Onorati, CEO of DeFi Development Corp. “This deployment reflects our conviction in Solana and our commitment to aggressive, transparent accumulation.”