DeFi Development Corp. adds 22,070 SOL to its growing Solana treasury

DeFi Development Corp. went shopping again. The Nasdaq-listed company picked up 22,070 SOL, worth about $2.43 million, adding to a treasury that has become its main reason for existing. The purchase lifted the value of its holdings to approximately $284.9 million. For a company that rebranded its entire business around one token, that is less a side bet and more a mission statement. The latest buy, by the numbers The 22,070 SOL acquisition is the newest entry in a steady run of purchases. In the prior week, the company added 26,203 SOL, which brought the value of its holdings to roughly $284.9 million at the time. The bigger picture is even more striking. As of early October 2026, the firm’s treasury reached approximately 2.564 million SOL and SOL equivalents, valued at about $302 million. Since restarting active purchases in late August 2026, DeFi Development Corp. has increased its position by more than 226,000 SOL and equivalents. That growth comes from two sources: outright buying and rewards earned from staking. How the machine works The firm runs its own Solana validators. Validators are the computers that process transactions and secure the network, and they earn rewards for...