According to Globe Newswire, DeFi Development Corporation (Nasdaq: JNVR) announced on April 23 that it would increase its holdings of approximately 65305 Solana (SOL), bringing its total holdings to 317273 with a market value of approximately $48.2 million. This partial purchase was made through the BitGo OTC channel to obtain a lock up SOL, with plans to hold it for the long term and participate in staking to earn profits. The SOL holdings per share increased by 40% to 0.22, with a value of $32.88 per share. The company has identified SOL as its primary reserve asset.