<ul data-eligibleForWebStory="false"><li>DeFi Development Corp. surged 17% after buying $2.7 million in Solana as part of its treasury strategy.</li><li>The company now holds 640,585 SOL, worth approximately $98 million, with plans to stake the tokens for yield.</li><li>Investors reacted positively, with the stock price rising by nearly 17% during Thursday's trading session.</li><li>DeFi Development Corp. also announced a $112.5 million capital raise via private placements to fund strategic initiatives.</li></ul>

Solana treasury firm extends stock rally after buying $2.7M of SOL

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