
PANews|May 13, 2025 23:53
DeFi Development Corp. invests $23.6 million to increase its holdings of SOL, bringing its total holdings to 595988
According to http://(Bitcoin.com), DeFi Development Corp (formerly real estate software company Janover), a Nasdaq listed company, announced the purchase of 172670 SOL tokens at an average price of $136.81 per token, for a total amount of approximately $23.6 million.
This is the company's largest SOL token acquisition transaction to date and its tenth purchase under its digital asset treasury strategy. After the completion of this transaction, the company currently holds a total of 595988 SOLs, including staking rewards, worth approximately $102.7 million. The newly purchased SOL will be held for the long term and pledged to multiple verification nodes, including the company's own SOL verification nodes, to generate revenue. The plan continuously updates the dynamics of its treasury and investment strategy through public statements and regulatory documents.
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