DeFi Development Corp. acquires $77 million in Solana (SOL)
The post DeFi Development Corp. acquires $77 million in Solana (SOL) appeared on BitcoinEthereumNews.com. DeFi Development Corp. (Nasdaq: DFDV), a pioneer among public companies with a treasury strategy focused on the accumulation and growth of Solana (SOL), announced the purchase of 407,247 SOL for a total value of approximately 77 million dollars. The transaction, communicated on August 28, 2025, from Boca Raton, Florida, was made possible thanks to recent funds raised through an equity capital increase, leaving over 40 million dollars still available for further acquisitions and strategic treasury operations. Details of the Acquisition and Impact on Reserves The purchase, made at an average price of 188.98 dollars per token, brings the total reserves of DeFi Development Corp. to 1,831,011 SOL, marking an increase of 29% compared to the previous balance of 1,420,173 SOL. In terms of value, the overall position in SOL and equivalents stands at around 371 million dollars. Key Indicators for Shareholders As of August 28, 2025, the company has approximately 21 million shares outstanding. The SOL per share (SPS) ratio stands at 0.0864, corresponding to 17.52 dollars per share. It is important to note that these figures do not yet include the pre-paid shares or warrants resulting from the latest capital increase. Considering full dilution, the number of shares would rise to about 31 million, but the company expects that the SPS will not fall below the previously communicated value of 0.0675, even after the full impact of the warrants. This data reinforces the expectations of continued growth of the SPS. A long-term strategy: staking and participation in the Solana ecosystem The new tranche of SOL will be held with a long-term perspective and allocated for staking on various validators, including those directly managed by DeFi Development Corp. This activity allows the company to generate native returns through staking rewards, further strengthening its financial position and direct involvement in the…
The post DeFi Development Corp. acquires $77 million in Solana (SOL) appeared on BitcoinEthereumNews.com.
DeFi Development Corp. (Nasdaq: DFDV), a pioneer among public companies with a treasury strategy focused on the accumulation and growth of Solana (SOL), announced the purchase of 407,247 SOL for a total value of approximately 77 million dollars. The transaction, communicated on August 28, 2025, from Boca Raton, Florida, was made possible thanks to recent funds raised through an equity capital increase, leaving over 40 million dollars still available for further acquisitions and strategic treasury operations. Details of the Acquisition and Impact on Reserves The purchase, made at an average price of 188.98 dollars per token, brings the total reserves of DeFi Development Corp. to 1,831,011 SOL, marking an increase of 29% compared to the previous balance of 1,420,173 SOL. In terms of value, the overall position in SOL and equivalents stands at around 371 million dollars. Key Indicators for Shareholders As of August 28, 2025, the company has approximately 21 million shares outstanding. The SOL per share (SPS) ratio stands at 0.0864, corresponding to 17.52 dollars per share. It is important to note that these figures do not yet include the pre-paid shares or warrants resulting from the latest capital increase. Considering full dilution, the number of shares would rise to about 31 million, but the company expects that the SPS will not fall below the previously communicated value of 0.0675, even after the full impact of the warrants. This data reinforces the expectations of continued growth of the SPS. A long-term strategy: staking and participation in the Solana ecosystem The new tranche of SOL will be held with a long-term perspective and allocated for staking on various validators, including those directly managed by DeFi Development Corp. This activity allows the company to generate native returns through staking rewards, further strengthening its financial position and direct involvement in the…
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