DeFi Development Corp. purchased 17,760 SOL at $153.10, totaling $2.72 million in value.
The company now holds over 640,000 SOL, valued at approximately $98.1 million and follows a staking strategy with own and third-party validators to generate native SOL rewards.
Shares reflect 0.042 SOL per unit, with per-share value estimated at $6.65.
Despite recent market volatility, the purchase reinforces institutional confidence in Solana's long-term potential, positioning DeFi Development Corp. as a significant player in the Solana ecosystem.