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After the Critical Development in the USA, the Giant Company Purchased Millions of Dollars Worth of Solana! - Coin Bulletin
DeFi Development Corp., as part of its long term investment strategy, increased its total SOL holdings to 98.1 million dollars by buying out approximately 17,760 Solana worth about 2.72 million dollars (SOL).
The America-based technology company DeFi Development Corp. (Nasdaq: DFDV) continues to expand its cryptocurrency portfolio. According to the company's official announcement made on July 3, 2025, a total of 17,760 SOL was purchased at an average price of $153.10. After this transaction, the amount of SOL and SOL-based assets held by the company reached 640,585. The current market value of these assets was reported to be approximately $98.1 million.
The company plans to hold the SOL tokens it has bought out for the long term and generate passive income by staking these assets through various Solana validators. Additionally, DeFi Development Corp. supports the development of the ecosystem by directly contributing to the Solana network with the validators it operates.
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Details of Solana investment
According to the data shared by DeFi Development Corp., the total number of shares is 14 million 740 thousand 779. Based on this data, the amount of SOL per share for the company is (SPS) approximately 0.042 SOL. In dollar terms, the value per share is around 6.65 dollars.
DeFi Development Corp. aims to take an active role in decentralized finance (DeFi) by enabling its investors to participate in the growth of the Solana ecosystem. The company stated that it will continue its cryptocurrency investments in the upcoming period and will share developments in this field with its investors.