DeFi Development Corp., trading under the ticker DFDV on Nasdaq, has announced a significant increase in its Solana holdings by acquiring an additional batch of tokens.
Acquisition of SOL
DeFi Development Corp. announced the acquisition of 196,141 SOL tokens at an average price of $202.76 per token. This increase brought its total holdings to 2,027,817 SOL, marking an 11% rise from previous acquisitions. At current market valuations, the company's treasury is now worth approximately $427 million, reinforcing its position as one of the largest corporate holders of Solana.
Solana Per Share Approach
DeFi Development has directed its efforts towards providing investors with direct exposure to Solana through its shares. As of September 4, 2025, the company reported 25,573,702 shares outstanding, giving an SPS (Solana per share) metric of 0.0793 SOL. At the average acquisition price, this translates to $16.70 in Solana value per share. Notably, the 5.8 million pre-funded warrants issued as part of its recent $125 million equity raise are not included in current calculations.
Role of DeFi Development in the Solana Ecosystem
With over 2 million SOL secured, DeFi Development Corp. has further cemented its role as a pioneering Solana treasury vehicle, offering public market investors structured access to one of the fastest-growing ecosystems in the blockchain space.
Thus, DeFi Development Corp. continues to strengthen its position among leading investors in Solana, developing a strategy of accumulation and staking tokens for long-term yield.