PANews reported on May 14 that according to Bitcoin.com, Nasdaq-listed company DeFi Development Corp (formerly real estate software company Janover) announced that it had purchased 172,670 SOL tokens at an average price of $136.81 per token, with a total amount of approximately $23.6 million. This is the company's largest SOL token acquisition transaction to date and the tenth purchase under its digital asset treasury strategy. After the completion of this transaction, the company currently holds a total of 595,988 SOL, including staking rewards, worth approximately $102.7 million. The newly purchased SOL will be held for a long time and pledged to multiple verification nodes, including the company's own SOL verification nodes, to generate income. The plan continues to update the dynamics of its treasury and investment strategy through public statements and regulatory documents.
DeFi Development Corp. spent $23.6 million to increase its SOL holdings, bringing its total holdings to 595,988
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