Defi dev corp. purchases $18m sol, grows treasury to 1.29m sol

Boca raton, fl, aug. 04, 2025 (globe newswire) -- defi development corp. (nasdaq: dfdv) (the “company”) the first public company with a treasury strategy built to accumulate and compound solana (“sol”), today announced it now holds approximately 1,293,562 sol and sol equivalents on its balance sheet, inclusive of rewards generated through staking and onchain activities. the increase follows the company's purchase of 110,466 sol at an average purchase price of $166.61, representing a total value of approximately $18.4 million.
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