BOCA RATON, FL, Aug. 15, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced it now holds approximately 1,420,173 SOL and SOL equivalents on its balance sheet, inclusive of rewards generated through staking and onchain activities. The increase follows the Company’s acquisition of 110,000 SOL at an average price of $201.68, representing a total value of approximately $22 million.
Related Questions
How will the increased SOL holdings affect DFDV's stock price in the short term?
What is the cost basis of the newly acquired 110,000 SOL compared to the current market price?
How does the company's treasury strategy compare to other publicly traded firms holding cryptocurrencies?
Will the $22M SOL purchase be financed through cash, debt, or equity issuance, and what are the implications for balance sheet leverage?
How does the current SOL price volatility impact the risk profile of DFDV's treasury assets?
What disclosure or regulatory considerations arise from holding a large amount of SOL on the balance sheet?
How transparent is the company's accounting for on‑chain rewards and how are they reflected in earnings?
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Could the accumulation of SOL be a catalyst for future strategic partnerships or acquisitions within the Solana ecosystem?
What is the projected yield from staking the 1.42M SOL and how reliable is that income stream?