DeFi Development Increases SOL Holdings with Strategic Staking Approach

According to Foresight News, Nasdaq-listed company DeFi Development (DFDV) has announced the acquisition of an additional 86,307 SOL tokens at an average purchase price of $110.91 per token. The newly acquired SOL tokens will be immediately staked to earn native rewards. As a result of this acquisition, the company's total SOL holdings have risen to 2,195,926 tokens, valued at approximately $426 million.