DeFi Development Corporation Purchases ~$11.5M Of Solana As Part Of New Treasury Strategy; Brings DeFi Development's Total Solana Holdings To 251,842, Valued At ~$34.4M

Benzinga·04/22/2025 14:02:36

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DeFi Development Corporation (NASDAQ:JNVR) (the "Company") announced today the purchase of 88,164 Solana (SOL) valued at approximately $11.5 million. This purchase brings DeFi Development Corporation's total Solana holdings to 251,842, valued at approximately $34.4 million – inclusive of staking rewards.

Below is a summary of DeFi Development Corporation's current SOL position and key per-share metrics as of April 22, 2025:

Total SOL Held: 251,842
$ Value of SOL Held: approximately $34.4 million
Total Shares Outstanding: 1,466,549
SOL per Share ("SPS"): 0.17, valued at $23.47 per share
SOL/Share Growth ("SPS" Growth vs. last purchase): 62%

The newly acquired SOL will be staked immediately, generating native yield while helping secure the Solana network. This transaction marks another allocation from the Company's recently completed $42 million financing round and continues DeFi Development Corporation's mission to deploy capital strategically and efficiently when market conditions are attractive.

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