PANews reported on September 4th that, according to GlobeNewswire, DeFi Development Corp. (Nasdaq: DFDV) announced it had increased its holdings of Solana (SOL) by 196,141 units at an average price of $202.76 per unit, bringing its total holdings to 2,027,817 units, equivalent to approximately $427 million. This increase in holdings increases its SOL holdings by 11% compared to its previous holdings, with each unit worth 0.0793 SOL, equivalent to $16.70. The newly purchased SOL will be held long-term and staked to generate initial returns. The company will continue to use SOL as its core reserve asset and plans to further expand its holdings.PANews reported on September 4th that, according to GlobeNewswire, DeFi Development Corp. (Nasdaq: DFDV) announced it had increased its holdings of Solana (SOL) by 196,141 units at an average price of $202.76 per unit, bringing its total holdings to 2,027,817 units, equivalent to approximately $427 million. This increase in holdings increases its SOL holdings by 11% compared to its previous holdings, with each unit worth 0.0793 SOL, equivalent to $16.70. The newly purchased SOL will be held long-term and staked to generate initial returns. The company will continue to use SOL as its core reserve asset and plans to further expand its holdings.
DeFi Development's SOL holdings exceed 2 million
PANews reported on September 4th that, according to GlobeNewswire, DeFi Development Corp. (Nasdaq: DFDV) announced it had increased its holdings of Solana (SOL) by 196,141 units at an average price of $202.76 per unit, bringing its total holdings to 2,027,817 units, equivalent to approximately $427 million. This increase in holdings increases its SOL holdings by 11% compared to its previous holdings, with each unit worth 0.0793 SOL, equivalent to $16.70. The newly purchased SOL will be held long-term and staked to generate initial returns. The company will continue to use SOL as its core reserve asset and plans to further expand its holdings.
Market Opportunity
Solana Price(SOL)
$144.05
$144.05$144.05
USD
Solana (SOL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Strive Finalizes Semler Deal, Expands Its Corporate Bitcoin Treasury
Strive had finalized its acquisition of Semler scientific after securing the approval of shareholders earlier in the week. The final deal brought both firms’ Bitcoin
Share
Tronweekly2026/01/17 12:30
Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun
The post Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun appeared on BitcoinEthereumNews.com. San Juan, Puerto Rico’s La Factoría
Share
BitcoinEthereumNews2026/01/17 12:24
EUR/CHF slides as Euro struggles post-inflation data
The post EUR/CHF slides as Euro struggles post-inflation data appeared on BitcoinEthereumNews.com. EUR/CHF weakens for a second straight session as the euro struggles to recover post-Eurozone inflation data. Eurozone core inflation steady at 2.3%, headline CPI eases to 2.0% in August. SNB maintains a flexible policy outlook ahead of its September 25 decision, with no immediate need for easing. The Euro (EUR) trades under pressure against the Swiss Franc (CHF) on Wednesday, with EUR/CHF extending losses for the second straight session as the common currency struggles to gain traction following Eurozone inflation data. At the time of writing, the cross is trading around 0.9320 during the American session. The latest inflation data from Eurostat showed that Eurozone price growth remained broadly stable in August, reinforcing the European Central Bank’s (ECB) cautious stance on monetary policy. The Core Harmonized Index of Consumer Prices (HICP), which excludes volatile items such as food and energy, rose 2.3% YoY, in line with both forecasts and the previous month’s reading. On a monthly basis, core inflation increased by 0.3%, unchanged from July, highlighting persistent underlying price pressures in the bloc. Meanwhile, headline inflation eased to 2.0% YoY in August, down from 2.1% in July and slightly below expectations. On a monthly basis, prices rose just 0.1%, missing forecasts for a 0.2% increase and decelerating from July’s 0.2% rise. The inflation release follows last week’s ECB policy decision, where the central bank kept all three key interest rates unchanged and signaled that policy is likely at its terminal level. While officials acknowledged progress in bringing inflation down, they reiterated a cautious, data-dependent approach going forward, emphasizing the need to maintain restrictive conditions for an extended period to ensure price stability. On the Swiss side, disinflation appears to be deepening. The Producer and Import Price Index dropped 0.6% in August, marking a sharp 1.8% annual decline. Broader inflation remains…
Share
BitcoinEthereumNews2025/09/18 03:08