Defi Dev Corp adds 110,000 SOL to its treasury, raising total holdings to 1.42M SOL

Defi Dev Corp adds 110,000 SOL to its treasury, raising total holdings to 1.42M SOL

BOCA RATON, FL, Aug. 15, 2025 (GLOBE NEWSWIRE) — DeFi Development Corp. (Nasdaq: DFDV), the first public company with a treasury strategy focused on accumulating and compounding Solana (SOL), has announced a significant increase in its SOL holdings. The company now holds approximately 1,420,173 SOL and SOL equivalents on its balance sheet, representing a 9% increase from its previous balance of 1,301,653 [1].

The increase was driven by the acquisition of 110,000 SOL at an average price of $201.68, totaling approximately $22 million [1]. This purchase has significantly bolstered DeFi Dev Corp.'s treasury, raising its total SOL holdings to approximately $273 million [1]. As a result, the company's key performance metric, SOL per share (SPS), rose 9% to 0.0675 as of August 14, 2025 [1].

DeFi Development Corp. has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. This strategy provides investors with direct economic exposure to SOL while actively participating in the growth of the Solana ecosystem [1]. The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake, and is engaged across decentralized finance (DeFi) opportunities [1].

DeFi Development Corp. also runs an AI-powered online platform that serves the commercial real estate industry, providing data and software subscriptions to property professionals. The platform currently serves more than one million web users annually, including multifamily and commercial property owners, developers, and lenders [1].

The newly acquired SOL will be held long-term and staked to a variety of validators, including the company's own Solana validators, to generate native yield [1].

References:
[1] https://finance.yahoo.com/news/defi-dev-corp-purchases-22m-123000920.html
[2] https://www.investing.com/news/cryptocurrency-news/defi-development-corp-buys-22-million-in-solana-tokens-432SI-4195265
[3] https://www.morningstar.com/news/globe-newswire/9513238/defi-dev-corp-purchases-22m-sol-grows-treasury-to-142m-sol