DeFi Development Corp Adds 47,706 SOL As Treasury Passes 2.5M Tokens

TL;DR DeFi Development Corp added approximately 47,706 SOL and SOL equivalents since September 21. Total holdings have reached roughly 2.538 million SOL and equivalents, valued by the company at about $309 million. The treasury has grown around 10% since the company’s August 12 earnings update. DeFi Development Corp has pushed its Solana treasury above 2.5 million SOL and SOL equivalents after another week of accumulation. The Nasdaq-listed company said on September 28 that it added approximately 47,706 SOL to its treasury since September 21. That takes the total to around 2,538,010 SOL and SOL equivalents. The Treasury Grew About 2% In One Week DeFi Development Corp valued the position at approximately $309 million at the time of the announcement. The latest addition represents roughly 2% week-over-week growth. Since the company’s August 12 earnings update, its SOL and SOL-equivalent holdings have increased by more than 226,000 tokens, or around 10%. That makes the latest disclosure part of an ongoing treasury strategy rather than a one-off crypto purchase. The company has described its approach as accumulating and compounding Solana rather than simply holding it idle. That can in...