DeFi Development Corp Acquires 407K SOL, Total Holdings Reach 1.83M SOL

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By BlockFlowAug 29, 2025

DeFi Development Corp. has purchased 407,247 SOL at an average price of $188.98, raising its total holdings to 1.83 million SOL (about $371 million)

DeFi Development Corp. (Nasdaq: DFDV), the first publicly listed company with a treasury strategy centered on Solana (SOL), announced it has acquired an additional 407,247 SOL at an average price of $188.98 per token. The purchase, valued at roughly $77 million, was funded from the company’s recent equity raise.

Following the acquisition, DeFi Development now holds a total of 1,831,011 SOL, worth approximately $371 million, representing a 29% increase from its previous balance of 1,420,173 SOL.

The company reported that its outstanding share count stands at around 21 million, translating to 0.0864 SOL per share (SPS), or roughly $17.52 per share in Solana value. None of the recently issued shares or pre-paid warrants from its latest financing round are included in this figure.

DeFi Development stated the newly purchased SOL will be held long-term and staked across a range of validators, including the company’s own Solana validators, to generate native yield. The firm also noted that it still has over $40 million in proceeds available to deploy into future SOL purchases and treasury operations.

DeFi Development Corp Solana SOL staking