DeFi Development acquires 17,760 SOL tokens, worth approximately $2.7 million

BlockBeats News, July 4th, Nasdaq-listed company DeFi Development Corp. (Nasdaq code: DFDV) announced the purchase of 17,760 SOL, worth approximately $2.7 million. Following the transaction, DeFi Development Corp. now holds about 640,585 SOL and its equivalents, including staking rewards, with a total value of around $98.1 million.

On July 2nd, DeFi Development Corp. (Nasdaq code: DFDV) raised $100 million through convertible notes to further increase its SOL holdings and buy back company stock.