Solana News: DeFi Development Corp Stacks $18M More SOL During Market Dip

Solana treasury company DeFi Development Corp has bought another 110,000 Solana worth 18.4 million dollars.

Solana News: Solana treasury company DeFi Development Corp has bought another 110,000 Solana worth 18.4 million dollars.

The real estate software firm now holds 1.29 million Solana valued at over 215 million dollars.

All holdings have been acquired since the launch of its crypto treasury strategy in April 2025.

The purchase was funded through cash reserves and its 5 billion dollar equity line of credit.

DeFi Dev increased its key metric of Solana per share by 47% to 0.0618 SPS last month.

The firm targets 0.165 SPS by June 2026 and 1.0 SPS by December 2028.

Shares jumped 10% Monday, extending year-to-date gains beyond 2,100% despite recent volatility.

The company evolved beyond traditional treasury models by operating a validator business and DeFi integrations.

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