DeFi Development Corp (NASDAQ:DFDV), formerly Janover Inc., announced on Tuesday that it had purchased approximately 82,404.50 Solana (CRYPTO: SOL) tokens.
Following this transaction, DeFi Development now holds approximately 400,091 SOL, valued at $58.5 million, including staking rewards.
As of May 06, 2025, DeFi Development held 400,091 SOL worth $58.5 million.
Also Read: DeFi Development Adds $9.9 Million In Solana Tokens Underscoring Its Commitment Towards Digital Asset Treasury Strategy
Its total shares outstanding was 2,001,887, SOL per share was $29.24
A portion of the Solana acquired includes locked SOL sourced via BitGo’s OTC desk, facilitating purchases from institutional sellers subject to time-based unlock schedules.
Price Action: DFDV stock closed at $71.89 on Monday.
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This article EXCLUSIVE: DeFi Development Corp Expands Digital Asset Portfolio, Holds $58.5 Million In Solana Tokens originally appeared on Benzinga.com
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