DeFi Development Invests Approximately $22 Million to Acquire an Additional 110,000 SOL

On August 15, it was reported that DeFi Development Corp. (NASDAQ: DFDV) announced today that it currently holds approximately 1,420,173 SOL and SOL-equivalent assets on its balance sheet, including rewards generated through staking and on-chain activities. This increase is attributed to the company’s acquisition of 110,000 SOL at an average price of $201.68, with a total value of approximately $22 million.