DeFi Dev Corp Expands Solana Holdings to $273M
DeFi Development Corp (DFDV) has added 110,000 SOL—about $22 million—to its treasury, raising its total Solana holdings to 1,420,173 SOL, now valued at approximately $273 million crypto.news.
This acquisition also boosted its Solana per share (SPS) metric by 9%, reaching 0.0675 as of August 14 crypto.newsAInvest. SPS reflects how much SOL backs each share, amplifying investor exposure.
DFDV will stake the newly acquired SOL—via its own validators and others—to generate passive yield crypto.newsAInvest. This move underscores the company’s strategy of compounding treasury growth while deepening involvement in the Solana ecosystem.
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