TechFlow, August 15 — According to Globe Newswire, Nasdaq-listed DeFi Development Corp. (ticker: DFDV) announced the purchase of 110,000 SOL, worth approximately $22 million. Following this acquisition, the company's total holdings of SOL have increased to approximately 1.42 million (including staking rewards), with a total value of about $273 million at current prices.
The company stated that the newly acquired SOL will be held long-term and allocated to multiple validators—including its own validator node—for staking to earn native yields.
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