The real estate software company fed by Ai listed on the stock market Defu Development Corp. (Formerly Janover) added on Tuesday to his wave of Solana’s strategic movements by announcing that he had bought another 11.2 million dollars in soil – one day after having announced the acquisition of a Solana validator company.
The last purchase of the company added 82,405 soil at an average price of $ 135.58, which brought its total Solana Holdings to more than 400,000 tokens worth more than $ 58 million.
“The Sol Stackin saga continues!” THE Company published on X (Formerly known as Twitter). “All the newly acquired soil are immediately marked out on our validators, which means that we gain an indigenous yield while helping to secure the Solana network.”
1 / The $ Soil Stackin ‘Saga continues! 📈
Defi Dev Corp bought 82,404.50 others $ Soil Is worth ~ $ 11.2 million as part of our Crypto-Forward cash strategy.
Our total assets are now 400,091 $ Soil (including the awards of stanies), or approximately $ 58.5 M. pic.twitter.com/evv25m5wpk
– Defi Dev Corp. (@defidevcorp) May 6, 2025
On Monday, the company announced the acquisition of an unnamed Solana validator company for $ 3.5 million, paid with $ 3 million in limited DFDV shares and $ 500,000 in cash. The network validators acquired are delivered with an average delegated participation of around 500,000 soil.
“This acquisition does not only add a new range of native cash flow flows of the protocol – it amplifies our alignment with the infrastructure that underpins the decentralized economy of tomorrow,” said company CIO and COO, Parker White, in a press release.
“The possession and exploitation of validators with important delegated interests puts us at the heart of Solana,” he added, “while promoting our mission to effectively accumulate the soil to offer higher yields adjusted to the risk compared to the soil holding directly”.
The alignment of the company with Crypto and Solana in particular occurred quickly during the last month.
In April, the company adopted its New digital asset treasure plan This allows him to accumulate cryptographic assets with a long -term plan, starting with Solana. After several floor purchases, the company changed its name from Janover to Defi Development Corporation to better report its Commitment to crypto.
Since then, the company has announced more purchases from Solana and Creative financing solutions To speed up the soil stock of its treasure.
The company is publicly negotiated on the Nasdaq scholarship under the DFDV Ticker, after changing JNVR on Monday.
The shares increased by around 1% on Tuesday at a price of $ 72.74, up more than 1,700% last month.
Solana is down 0.5% in the last 24 hours at a price of around $ 146. The sixth largest cryptographic asset by market capitalization is around 50% reduction on its summit of all time in January at $ 293.31.
Edited by Andrew Hayward
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