DeFi Development's Solana Holdings Expand to JPY 38.7 Billion

DeFi Development Corp., a digital asset financial strategy firm specializing in Solana (SOL), announced on the 15th that its holdings of SOL have expanded to an equivalent of JPY 38.7 billion.

The company recently acquired an additional 110,000 SOL at an average price of $201.68, executing an investment totaling approximately $22 million (JPY 3.2 billion). Including staking rewards and on-chain activity revenue, the total holdings now amount to approximately 1,420,173 SOL and its equivalent in SOL value.

This additional acquisition has led to a 9% increase in the company's key performance indicator, 'SOL per share (SPS)', rising to 0.0675. The number of shares issued...