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DeFi Development Purchases 110,000 SOL At Average Price Of $201.68, Representing Total Value Of ~$22M

Benzinga·08/15/2025 12:31:52
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DeFi Development Corp. (NASDAQ:DFDV) (the "Company") the first public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced it now holds approximately 1,420,173 SOL and SOL equivalents on its balance sheet, inclusive of rewards generated through staking and onchain activities. The increase follows the Company's acquisition of 110,000 SOL at an average price of $201.68, representing a total value of approximately $22 million.

As a result, the Company's key performance metric, SOL per share ("SPS"), rose 9% to 0.0675 as of August 14, 2025.