The SOL version of MicroStrategy" DDC has increased its holdings by approximately 172,600 SOL, spending about 23.6 million USD.
According to BlockBeats, on May 14, DeFi Development Corp (formerly known as Janover), a US-listed company referred to as "the SOL version of MicroStrategy", announced that it had purchased 172,670 SOL at an average price of 136.81 USD, with a total value of about 23.6 million USD. After the transaction was completed, the total holdings increased to 595,988 SOL.
This is the largest SOL token purchase by DeFi Development Corp to date and the tenth purchase under the company’s digital asset treasury strategy. The newly purchased SOL will be held for the long term and collateralized for multiple validation nodes, including the company's SOL validation nodes to generate income.
