Nasdaq-listed DeFi Development (DFDV) acquired approximately 22,070 SOL last week, increasing its total treasury holdings to 2.586 million SOL valued at roughly $302 million. The company reported that its SOL and equivalent asset reserves have grown 12% since releasing second-quarter earnings on August 12.
DFDV recently established a $300 million at-the-market offering program to secure additional capital for expanding its Solana treasury strategy. This funding mechanism will support continued accumulation of SOL reserves as the company scales its digital asset position.
DeFi Development Adds 22,070 SOL to Treasury, Holdings Top $302 Million
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