PANews May 12 news, according to CoinDesk reports, Nasdaq-listed company DeFi Development (code: DFDV) announced the purchase of an additional 172,670 SOL at an average price of $136.81, totaling approximately $23.6 million, increasing its Solana holdings to 595,988 SOL, with a market value of about $105 million. The company's stock price opened up 20% on Monday, having already risen 30% last Friday. DeFi Development has been continuously investing in crypto assets and earning income through node staking since transitioning from Janover to focus on the Solana ecosystem last month.
