DeFi Development acquires 17760 SOLs for $2.72 million to expand its holdings and staking strategy

According to Coindesk, DeFi Development Corp. (NASDAQ: DFDV) acquired 17760 SOLs for $2.72 million, bringing its total holdings to approximately 640585 SOLs and related equivalent assets, with a total value of approximately $98.1 million. According to the company's latest report on the total number of 14740779 outstanding shares, the current SOL (SPS) per share is 0.042, which is approximately $6.65 per share based on current price data. DeFi Dev Corp has positioned itself as the first publicly traded company to make Solana the core of its financial strategy. In addition to accumulating and staking SOL, the company actively participates in DeFi opportunities and ecosystems. The company's funding strategy provides direct economic exposure to shareholders while supporting Solana's application layer development.