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DeFi Development Corp. Buys Another $2.7 Million in SOL, Boosting Its Crypto Treasury

2025-07-04 11:48:48

DeFi Development Corp. Buys Another $2.7 Million in SOL, Boosting Its Crypto Treasury

Main Idea

DeFi Development Corp. has purchased an additional $2.7 million in SOL, increasing its Solana holdings to 640,585 tokens, as part of its strategy to offer public market investors exposure to SOL's performance while combining real estate tech with DeFi initiatives.

Key Points

1. DeFi Development Corp. acquired 17,760 SOL tokens, valued at approximately $2.72 million, bringing its total holdings to 640,585 SOL and SOL-equivalent assets.

2. The company's 'SOL per share' (SPS) value stands at $6.65 based on 14.7 million shares outstanding.

3. DeFi Development Corp. operates a hybrid model, combining real estate SaaS services with active Solana staking and DeFi participation.

4. The company's treasury strategy prioritizes holding Solana to provide public market investors with direct economic exposure to SOL's performance.

5. The announcement included standard forward-looking statements, acknowledging risks such as SOL's price volatility and potential regulatory changes.

Description

DeFi Development Corp. bought 17,760 SOL, expanding its Solana treasury to 640,585 tokens. SOL per share value stands at $6.65 based on 14.7 million shares outstanding. Company combines real estate SaaS with active Solana staking and DeFi participation. The publicly traded real estate tech company DeFi Development Corp. (Nasdaq: DFDV) has acquired another 17,760 Solana (SOL) tokens, valued at approximately $2.72 million, continuing its aggressive strategy of using SOL as its primary treasury res...

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