DeFi Development Corp. Adds $11.2M in Solana to Treasury

Core Insights - DeFi Development Corp. has acquired approximately 82,404.50 Solana (SOL) tokens, bringing its total holdings to around 400,091 SOL, valued at $58.5 million, including staking rewards [1][7] - The company has adopted a treasury policy that allocates its principal holding in treasury reserves to Solana (SOL), aiming to provide investors with access to the Solana ecosystem [3] - A portion of the acquired SOL includes locked tokens sourced via BitGo's OTC desk, which will be held long-term and staked for yield generation [1][2] Company Position and Metrics - Total SOL Held: 400,091 [7] - Value of SOL Held: approximately $58.5 million [7] - Total Shares Outstanding: 2,001,887 [7] - SOL per Share (SPS): 0.199 [7] - SPS (USD): $29.24 [7]