DeFi Development increases its holdings by 129,000 SOL, with a market value of $209 million

According to news from HashKey Chain, DeFi Development Corp. (Nasdaq: DFDV) announced the purchase of 110,466 Solana (SOL) at an average price of $166.61, with a total value of approximately $18.4 million. The company currently holds approximately 1,293,562 SOL and equivalent assets, which is a 9% increase compared to before, with a total market value of about $209 million. The shares per SOL (SPS) increased to 0.0618, a month-over-month increase of 7%. The newly acquired SOL will be used for long-term holding and staking to generate returns.