๐ฅ Breaking News: DeFi Dev Corp adds 110,000 $SOL to its treasury, bringing its total holdings to 1.42 million Solana!
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๐ข What's new?
โ DeFi Dev Corp, the first public company focused on accumulating Solana, announced an increase in its holdings.
โ The company purchased 110,000 $SOL worth $22 million, bringing its total ownership to 1,420,173 $SOL.
โ This massive holding is estimated to be worth around $273 million.
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๐ก Why is this important?
โ The company continues its strategy to provide direct access for investors to Solana through its shares.
โ This move demonstrates significant confidence in the future of the Solana network, especially with the company's recent moves in the field of artificial intelligence.
โ DeFi Dev Corp contributes to supporting the network by operating its own validator nodes, enhancing the network's security.
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๐ Future outlook:
โ This investment strengthens Solana's position as a key asset in public company portfolios.
โ This strategy indicates that companies are seeking to achieve returns through holding cryptocurrencies and generating additional yields through staking.
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โDo you think more companies will adopt Solana as a key asset in their balance sheets?
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