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Solana treasury company DFDV increased its holdings by approximately 26,200 SOL last week, bringing its total position to over 2.56 million SOL.

Oct 5, 21:19

S. On October 5, according to Globenewswire, Nasdaq-listed Solana treasury company DeFi Development (DFDV) disclosed that it purchased approximately 26,203 SOL last week, bringing its total holdings to approximately 2.5642 million SOL, valued at roughly $302 million.

DFDV also revealed that its SOL and equivalent asset holdings have grown by approximately 11% since disclosing its second-quarter performance on August 12. Additionally, it completed the first dividend payment for its CHAD variable rate preferred shares on October 1. The product aims to generate revenue through SOL staking and validator node operations to support dividend distributions, and serves as a financing tool for further accumulation of SOL.

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