Nasdaq company buys additional 1.6 billion yen in Solana, bringing total to 4.9 billion yen

DeFi Development Corporation (formerly Janover), a Nasdaq-listed US commercial real estate digital platform company, announced on the 22nd that it had purchased additional Solana (SOL). It acquired 88,164 SOL for approximately $11.5 million (approximately 1.6 billion yen).

Last week on the 16th, it also purchased 1.5 billion yen worth of Solana. The first purchase was on April 8th, making this the sixth purchase. This brings the company's total Solana holdings to 251,842.

In addition, the company is taking a strategy of immediately staking the newly acquired Solana, and the time of the Solana holdings, including staking rewards, will be...