DeFi Development Corp. (Nasdaq: DFDV) announced the acquisition of 172,670 solana tokens ($SOL ) at an average price of $136.81, amounting to approximately $23.6 million, marking the largest purchase $SOL by the company to date and its tenth purchase as part of its digital asset treasury strategy. Following this transaction, DeFi Development Corp. now holds a total of 595,988 $SOL , valued at approximately $102.7 million, including staking rewards. As of May 12, 2025, the company reported a total of 2,037,531 shares outstanding, giving a solana per share (SPS) metric of 0.293, equivalent to $50.42. The recently acquired SOL will be held for the long term and used for staking with various validators, including the company's own validators, to generate yield. DeFi Development Corp. plans to continue providing updates on its treasury and investment strategy through public releases and regulatory documents.

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