- DeFi Development Corp. (DFDV, Financial) has increased its SOL holdings to 999,999 units.
- The company raised $19 million through an Equity Line of Credit, issuing 740,000 shares of common stock.
- Staking activities generated approximately 1,867 SOL rewards between July 14 and July 20, 2025.
DeFi Development Corp. (DFDV), a publicly traded company dedicated to accumulating Solana (SOL) assets, has raised its total SOL holdings to 999,999. The company achieved this milestone following its latest acquisition of 140,383 SOL between July 14 and July 20, at an average price of $133.53 per SOL, totaling roughly $19 million.
The company's total SOL position, valued at approximately $181 million, reflects an increase of 142,250 SOL from its previous balance of 857,749. This includes rewards accrued through staking and other onchain activities, contributing to an organic growth of 1,867 SOL over the week.
As of July 20, 2025, DeFi Development Corp.'s SOL per share (SPS) stands at 0.0514, marking a 13% increase week over week, equivalent to $9.30 per share.
The corporation also reported utilizing its Equity Line of Credit (ELOC) to raise net proceeds of approximately $19.2 million this month. It has issued 740,000 shares of common stock as part of this financial strategy, with around $5 million still available for further SOL purchases.
DeFi Development Corp. actively stakes its SOL holdings, generating native yield through its validator infrastructure. This approach not only supports the Solana ecosystem but also provides an additional revenue stream from third-party delegated stakes.
With its innovative treasury policy focusing on SOL, DeFi Development Corp. offers investors direct exposure to the crypto asset while engaging in broader decentralized finance (DeFi) opportunities.
