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DeFi Dev Corp. increased its holdings of SOL to 1.42 million, SPS rose by 9%.
PANews August 15 news, according to GlobeNewswire, DeFi Development Corp. (Nasdaq: DFDV) announced that it has purchased 110,000 SOL at an average price of approximately $201.68, with a total value of about $22 million. The company currently holds approximately 1,420,173 SOL and equivalent assets, an increase of 9% compared to before, with a total market capitalization of about $273 million. The per-share SOL holding (SPS) has risen to 0.0675, an increase of 9% from the previous value. The newly acquired SOL will be held long-term and participate in Staking. DeFi Dev Corp. also operates its own Solana validation nodes, continuously generating income through on-chain activities.