DeFi Development Corporation Increases Solana Holdings by $9.9 Million, Total Holdings Reach $48.2 Million

DeFi Development Corporation (NASDAQ: JNVR) announced on April 23, 2025, the purchase of approximately 65,305 Solana tokens valued at $9.9 million. Following this transaction, the company’s total holdings of SOL amount to 317,273 tokens, valued at approximately $48.2 million (including staking rewards). A portion of the newly acquired SOL was purchased in locked form through BitGo's over-the-counter (OTC) platform, and these tokens will be held long-term and staked to generate native income. (GlobeNewswire)