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Home»DeFi»Exclusive: Defi Development makes a recorded purchase of Solana, exceeds $ 100 million in cash – Defi Defi (NASDAQ: DFDV)
DeFi

Exclusive: Defi Development makes a recorded purchase of Solana, exceeds $ 100 million in cash – Defi Defi (NASDAQ: DFDV)

May 13, 2025No Comments2 Mins Read
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CORP DEFI DEFI DFDV announced on Monday that he had bought 172,670 Solana SOL / USD At an average purchase price of $ 136.81, worth around $ 23.6 million.

This marks the 10th purchase of Solana from the company under its digital asset cash strategy and its greatest purchase.

Development Corp now holds 595,988 soil, estimated at around $ 102.7 million, including staunch awards.

Read also: Development Corp develops the digital asset portfolio, holds $ 58.5 million in Solana tokens

As of May 12, Defi Development had 2.04 million actions in total circulation. The soil per share (SPS) was 0.293, or $ 50.42.

Disclosure: 82% of CFD retail accounts lose money

As with all the tokens purchased previously, the soil most recently bought will be held in the long term and marked out with various validators, including the own Solana de Defi Dev Corp validators, to generate an indigenous yield.

Price action: DFDV shares negotiated 12% to $ 84 before the last check on Monday.

Read then:

Photo: lee wa da via shutterstock

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