Defi dev corp. purchases $77m sol following recent equity raise

Boca raton, fl, aug. 28, 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 the acquisition of 407,247 sol at an average price of $188.98 per token. the acquisition was funded from the company's recent equity raise, with more than $40m in net proceeds still available for future solana purchases and strategic treasury operations. this purchase brings the company's total holdings to 1,831,011 sol.
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