DeFi Dev Corp Purchases $86,307 Worth of SOL, Adding to Long-Term Staking Strategy

DeFi Development Corp (DFDV), a publicly listed company, has made a significant purchase of 86,307 Solana (SOL) tokens, boosting its holdings to over 2.19 million SOL. This latest acquisition follows DFDV’s strategic move to accumulate Solana in the face of market volatility and reflects a long-term commitment to the network’s growth. 86,307 SOL was acquired at an average price of $110.91, increasing their total holdings by 4.7%. DFDV plans to stake these new assets across various validators, including its own infrastructure, as part of a yield-generating strategy.