According to PANews, Nasdaq-listed company DeFi Development Corp announced that it had purchased 172,670 SOL tokens at an average price of $136.81 per token, with a total amount of approximately $23.6 million. This is the company's largest SOL acquisition transaction.
After the transaction is completed, the company holds a total of 595,988 SOL, worth approximately $102.7 million. The newly purchased SOL will be held for a long time and pledged to multiple verification nodes, including the company's own SOL verification node, to generate income.
The company provides ongoing updates on its treasury and investment strategy through public statements and regulatory filings.