DeFi Corp Raises Solana Treasury to Over $400 Million with Recent Investment

DeFi Development Corp (DFDV) has bolstered its Solana holdings, increasing their treasury by over $39.76 million through recent acquisitions. The company now boasts a total of 2 million SOL tokens in its treasury following this purchase, raising the total to $412 million. This acquisition follows DFDV’s previous purchases of $77 million worth of SOL on August 28th, coinciding with their $125 million equity raise aimed at accelerating Solana investments.