DeFi Development Buys 19,000 SOL, Expanding Treasury to 2.33M SOL

• DeFi Development acquired 19,000 SOL at an average price of $98.14 per token.
• The purchase increased its treasury to approximately 2.33 million SOL and equivalents.
• DFDV resumed SOL accumulation after a pause, partly using ZeroStack divestment proceeds.

DeFi Development Corp. has resumed its Solana accumulation strategy, purchasing approximately 19,000 SOL at an average price of $98.14. The latest acquisition lifts the company’s treasury to about 2.33 million SOL and SOL equivalents, reinforcing its focus on building long-term exposure to the Solana ecosystem. 

The purchase also marks a return to active accumulation after a recent pause, with part of the transaction funded through proceeds from the divestment of its ZeroStack position. 

DeFi Development Expands Solana Treasury

DeFi Development Corp. acquired approximately 19,000 SOL at an average price of $98.14 per token. The transaction was valued at roughly $1.86 million based on the disclosed purchase price.

Following the acquisition, the company’s treasury reached approximately 2,333,432 SOL and SOL equivalents. The latest figure represents an increase from 2,311,523 SOL and equivalents reported in its August 12 update.

… Continue reading the full article at the original source below.