DeFi Development (DFDV) Expands Solana Holdings, Boosting Crypto Portfolio | DFDV Stock News

May 15, 2025

DeFi Development (DFDV, Financial) has recently expanded its cryptocurrency portfolio through the acquisition of 16,447 Solana tokens. The purchase was made at an average price of $139.66, amounting to a total investment of around $2.3 million. With current market valuations, the acquired Solana is now worth approximately $2.9 million. This transaction represents the company's 11th purchase of Solana under its crypto treasury strategy.

As a result of this latest acquisition, DeFi Development now possesses a total of 609,190 Solana tokens, collectively valued at about $107 million. This gives them the distinction of holding the largest Solana position among publicly listed firms. The company's CEO, Joseph Onorati, highlighted their strategic approach, emphasizing their aim to enhance Solana exposure and increase Solana per share. This move underscores DeFi Development's belief in Solana's potential and their dedication to systematically increasing their holdings.

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