Deep Tide TechFlow News, on August 15, according to Globe Newswire, NASDAQ-listed company DeFi Development Corp. (stock code: DFDV) announced the purchase of 110,000 SOL, with a total value of approximately 22 million USD. After this increase, the company's SOL holdings have risen to approximately 1.42 million (including staking rewards), with a total value of about 273 million USD based on the current price.

The company stated that the newly acquired SOL will be held for the long term and will be allocated to multiple validators, including the company's own verification node, for staking to earn native rewards.