DeFi Development Corp. Purchases 20,473 Solana (SOL), Bringing Treasury Holdings to 420,690 SOL

Core Viewpoint - DeFi Development Corp. has made a strategic investment in Solana, acquiring 20,473 SOL for approximately $2.97 million, bringing its total holdings to 420,690 SOL valued at around $61.9 million, including staking rewards [1][2][7] Group 1: Company Strategy - The company has adopted a treasury policy focusing on Solana (SOL) as its principal holding, aiming to provide investors with access to the Solana ecosystem [3] - The recently purchased SOL will be held long-term and staked with various validators, including the company's own Solana validators, to generate native yield [2][3] Group 2: Financial Metrics - Total SOL held by the company is 420,690, valued at approximately $61.9 million [7] - The total shares outstanding are 2,011,887, resulting in a SOL per share (SPS) of 0.209 and an SPS value of $30.78 [7]