On July 3, 2025, DeFi Development Corp. (DFDV) increased its investment in Solana (SOL). The company now holds approximately 640,585 SOL tokens, valued at about $98 million. This follows a recent purchase of 17,760 SOL at an average price of $153.10 per token. (Source: Investing.com, The Block, GlobeNewswire)
This acquisition is part of an ongoing strategy to accumulate and stake SOL, aiming to generate yield. Throughout 2025, the company has made several notable purchases. These include acquisitions on April 22, May 6, and May 15. (Source: Investing.com, The Block, GlobeNewswire)
In addition to acquiring SOL, DeFi Development Corp. enhanced its infrastructure. On May 5, 2025, the company acquired a Solana validator business for $3.5 million. The company's stock has seen a 2,733% increase year-to-date. (Source: Investing.com, The Block, GlobeNewswire)