Close Menu
Chain Tech Daily

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    SOL price stalls despite Solana’s DeFi TVL nearing record highs

    August 29, 2025

    Crypto Czar and Republican Congressmen hope for legislation

    August 29, 2025

    The Latest EVM: “Ethereum Is A Trust-Free Closure System”

    August 29, 2025
    Facebook X (Twitter) Instagram
    Chain Tech Daily
    • Altcoins
      • Litecoin
      • Coinbase
      • Crypto
      • Blockchain
    • Bitcoin
    • Ethereum
    • Lithosphere News Releases
    Facebook X (Twitter) Instagram YouTube
    Chain Tech Daily
    Home » DeFi Dev Corp lifts Solana treasury to $317m with new purchase
    Crypto

    DeFi Dev Corp lifts Solana treasury to $317m with new purchase

    James WilsonBy James WilsonAugust 29, 20253 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    DeFi Development Corp. has deployed another $77 million from its equity raise into Solana, bringing its total holdings to a staggering 1.83 million tokens. This move intensifies its high-profile bet on crypto as a core corporate asset.

    Summary

    • DeFi Dev Corp boosted its Solana holdings by 29% with a $77 million purchase, lifting reserves to 1.83M SOL worth about $317M.
    • The newly acquired tokens will be staked across validators, including its own, to generate native yield.
    • The company reports a Solana-per-share metric of 0.0864, or $17.52, and expects growth to hold despite potential dilution.

    According to a press release dated August 28, DeFi Development Corp. has acquired an additional 407,247 Solana (SOL) tokens, valued at approximately $77 million. The purchase, executed at an average price of $188.98 per token, was funded directly from the company’s recent equity financing round.

    The latest buy boosts DeFi Development’s total Solana holdings to 1,831,011 tokens, solidifying its unique position as a publicly-traded entity with a treasury primarily denominated in the digital asset. Furthermore, the company confirmed that over $40 million remains available for future SOL acquisitions and treasury operations.

    A 29% boost underscores long-term Solana strategy

    The latest acquisition represents a 29 percent jump from DeFi Dev Corp’s prior balance of 1.42 million tokens. That increase lifts its Solana exposure to roughly $371 million at current valuations, impacting both market liquidity and perception.

    Per the statement, the newly acquired SOL will be held long-term and staked across a variety of validators. Crucially, this includes delegating a portion to DeFi Dev Corp.’s own validator infrastructure. This is a key operational detail that moves beyond passive speculation.

    By staking, the company actively generates native yield, aiming to compound its holdings organically through network rewards. This approach transforms their treasury from a static asset into a productive, revenue-generating engine, leveraging crypto-economics directly on its balance sheet.

    For equity investors, the most critical metric remains SOL per Share (SPS). The company reports this figure currently stands at 0.0864, meaning each share of DFDV stock is backed by that amount of SOL, or roughly $17.52 at current valuations.

    The press release outlines that on a fully diluted basis, accounting for all warrants from the recent financing, the share count would adjust to approximately 31 million. Despite this potential dilution, the company projects that its ongoing accumulation strategy will prevent the SPS from falling below a baseline of 0.0675, signaling confidence in continued per-share growth as it deploys its remaining $40 million war chest.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    James Wilson

    Related Posts

    Crypto August 29, 2025

    SOL price stalls despite Solana’s DeFi TVL nearing record highs

    Crypto August 29, 2025

    China, Japan, and other countries to challenge USD-pegged stablecoins crusade

    Crypto August 28, 2025

    Bullzilla’s $0.00000575 price sparks presale momentum

    Crypto August 28, 2025

    TON Gains Robinhood spot, but recovery to $8 peak remains elusive

    Crypto August 28, 2025

    aPriori raises $20m to advance high-performance DeFi markets

    Crypto August 28, 2025

    Trump Bends And Bullies All Who Resist Him

    Leave A Reply Cancel Reply

    Don't Miss
    Crypto August 29, 2025

    SOL price stalls despite Solana’s DeFi TVL nearing record highs

    Solana’s DeFi ecosystem has seen explosive growth, nearing all-time high levels, but SOL continues to…

    Crypto Czar and Republican Congressmen hope for legislation

    August 29, 2025

    The Latest EVM: “Ethereum Is A Trust-Free Closure System”

    August 29, 2025

    DeFi Dev Corp lifts Solana treasury to $317m with new purchase

    August 29, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • YouTube
    • LinkedIn
    Our Picks

    SOL price stalls despite Solana’s DeFi TVL nearing record highs

    August 29, 2025

    Crypto Czar and Republican Congressmen hope for legislation

    August 29, 2025

    The Latest EVM: “Ethereum Is A Trust-Free Closure System”

    August 29, 2025

    DeFi Dev Corp lifts Solana treasury to $317m with new purchase

    August 29, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Don't Miss
    Crypto August 29, 2025

    SOL price stalls despite Solana’s DeFi TVL nearing record highs

    Solana’s DeFi ecosystem has seen explosive growth, nearing all-time high levels, but SOL continues to…

    Crypto Czar and Republican Congressmen hope for legislation

    August 29, 2025

    The Latest EVM: “Ethereum Is A Trust-Free Closure System”

    August 29, 2025

    DeFi Dev Corp lifts Solana treasury to $317m with new purchase

    August 29, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    About Us
    About Us

    ChainTechDaily.xyz delivers the latest updates and trends in the world of cryptocurrency. Stay informed with daily news, insights, and analysis tailored for crypto enthusiasts.

    Our Picks

    For Many Women, The Pain Of The Pandemic Led To Stronger Friendships

    January 15, 2020

    How A ‘Healthy’ Lifestyle Can Be Making You Tired

    January 15, 2020

    Fashion Influencers To Follow On Instagram In 2021

    January 15, 2020
    Lithosphere News Releases

    AGII App Now Available on App Store and Google Play, Delivering Real-Time AI Tools for Web3 Development

    August 28, 2025

    Imagen Network (IMAGE) Enhances Blockchain Utility with XRP Ledger Integration

    August 28, 2025

    Imagen Network (IMAGE) Deploys Grok Intelligence to Strengthen Adaptive Engagement Tools

    August 27, 2025

    Imagen Network Introduces Adaptive Feed Orchestration for More Natural Decentralized Interactions

    August 25, 2025
    X (Twitter) Instagram YouTube LinkedIn
    © 2025 Copyright

    Type above and press Enter to search. Press Esc to cancel.