Solana Treasury Surpasses 2 Million SOL After Latest Acquisition, Worth $417 Million.

Solana Digital Asset Treasury (DAT) DeFi Development has acquired 196,141 SOL tokens, bringing its total holdings to over 2 million SOL. The company plans to hold the tokens for the long term and stake them with validators to receive staking rewards. This move reflects a growing trend of companies adding cryptocurrencies to their balance sheets, mirroring Michael Saylor's strategy. Solana's native token SOL is currently trading at $204.12, and some predict it could reach $300 with increased treasury building and ETF buying.