DeFi Development, a Solana treasury company known as DeFi Dev, has resumed buying SOL, according to Odaily, which cited SolanaFloor. The company said its latest purchase added 19,000 SOL at a total cost of about $1.86 million, with an average acquisition price of $98.14 per token. After the transaction, DeFi Dev’s SOL treasury holdings increased to about 2.33 million SOL. Based on the current price referenced in the report, those holdings are valued at roughly $182 million. The update focuses on the company’s latest treasury allocation and the resulting size of its SOL position. No additional details on timing beyond the announcement, funding source, or broader purchase plan were disclosed in the brief.
DeFi Development, a Solana treasury company known as DeFi Dev, has resumed buying SOL, according to Odaily, citing SolanaFloor.
The company’s latest purchase added 19,000 SOL at a cost of about $1.86 million, with an average buy price of $98.14 per token.
Following the acquisition, DeFi Dev’s SOL treasury holdings rose to about 2.33 million SOL, valued at roughly $182 million at the current price cited in the report.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
