Defi development corp. purchases record 172,670 sol, surpasses $100m in treasury holdings

Boca raton, fl, may 12, 2025 (globe newswire) -- defi development corp. (nasdaq: dfdv) (the “company”) announced today the purchase of 172,670 solana (“sol”) at an average purchase price of $136.81 and valued at approximately $23.6 million. this marks the company's 10th solana purchase under its digital asset treasury strategy and the largest purchase to date. following the transaction, defi development corp. now holds a total of 595,988 sol, valued at approximately $102.7 million, inclusive of staking rewards.
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