DeFi Development Corp. resumes Solana purchases, reaches 2.33 million SOL

DeFi Development Corp. (Nasdaq: DFDV) has resumed buying Solana and increased its treasury to approximately 2.33 million SOL or equivalents, reinforcing its position among the largest public-company holders of the token. The company shifted decisively toward Solana accumulation in April 2025, abandoning earlier ventures including real estate and adopting SOL as a treasury reserve asset. Holdings stood at 2,311,523 SOL and equivalents on August 12, 2026, before the latest increase. DFDV’s last major disclosed purchase was 86,307 SOL in October 2025 at an average price of approximately $110.91 per token, taking its holdings to about 2.195 million SOL. Subsequent growth came mainly from staking rewards rather than open-market purchases. Its “SOL per share,” or SPS, metric reached 0.066 on a fully converted basis in August 2026, up 24% year over year. The company aims to reach 1.0 SPS by December 2028, requiring roughly a 15-fold increase. DFDV reported a net loss of $27.3 million in the second quarter of 2026 as SOL traded below its average acquisition cost of approximately $157. It has also closed its Treasury Accelerator program and exited legacy real estate operations, while launching dfdvSOL, a liquid staking token (a token representing staked assets with tradable liquidity), and DFDVx, a tokenized equity vehicle.

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DeFi Development Corp. resumes Solana purchases, reaches 2.33 million SOL - CoinPost Terminal