DeFi Dev Corp Adds 86K SOL as Treasury Value Hits $426 Million

DeFi Development Corp (DFDV) has expanded its Solana holdings following a new purchase of 86,307 SOL, reinforcing its commitment to long-term Solana ￰0￱ company, listed on Nasdaq, continues to position itself as a pioneer in institutional Solana ￰1￱ to the press release , the acquisition, completed at an average price of $110.91 per SOL, brings its total holdings to 2,195,926 ￰2￱ represents a 4.7% increase in its treasury position, now valued at approximately $426 million. Long-Term Strategy Strengthens Solana Exposure The company confirmed that the newly acquired tokens would be staked across multiple validators, including its own Solana-based ￰3￱ approach is expected to generate sustainable yield and enhance overall returns from staking ￰4￱ firm’s updated metrics show 28,888,178 shares outstanding, equating to 0.076 SOL per share, or roughly $14.67 in value.

Additionally, the company outlined that it still has 2,978,578 warrants pending ￰5￱ completed, the total share count could reach 31.9 ￰6￱ this potential dilution, management expects its Solana per share (SPS) ratio to remain above pre-financing ￰7￱ reinforces confidence that future capital deployment into Solana will sustain shareholder value. Consequently, the strategy aims to maintain SPS stability even with further treasury ￰8￱ Market Faces Short-Term Pressure At press time, Solana trades near $189.47 after a 4.05% daily decline and a 13.7% weekly ￰9￱ the correction, the broader outlook remains ￰10￱ from SolanaFloor shows record momentum in Solana futures on CME ￰11￱ March, over 730,000 contracts worth $34 billion have been traded, with open interest surpassing $2.1 billion in ￰12￱ marks Solana as the fastest futures product to double its open interest beyond $1 billion since ￰13￱ Eye Massive Cup and Handle Breakout