Data: DeFi Development Corp acquires 407,247 Solana tokens for $77 million
Source: ChainCatcher
Time: 2025-08-29 14:40:43
According to ChainCatcher, on August 29, 2025, DeFi Development Corp (NASDAQ: DFDV) purchased 407,247 SOLs at an average price of $188.98 per token, with a transaction value of about $77 million, and the funds were derived from recent equity financing proceeds. The acquisition increased its SOL holdings by 29%, with total holdings rising to 1,831,011 SOLs, worth approximately US$371 million at the price at the time of disclosure. Currently, the company still has more than US$40 million for future digital asset acquisitions. After the news was released, DFDV shares rose and Solana also gained new attention from traders.