Exchanges· ★★★· bullish·

DeFi Dev Corp Buys 47,706 SOL for $5.8M, Holdings Reach 2.54 Million Tokens

  • —DFDV bought 47,706 SOL for $5.8M, bringing holdings to 2.54 million tokens
  • —The company's SOL treasury is valued at approximately $309 million
  • —DFDV is the second-largest public Solana holder after Forward Industries
  • —Purchases are funded via a $300 million CHAD preferred stock program
Why it matters: The growing number of Solana treasury companies strengthens institutional demand for SOL and creates a new capital inflow channel for the asset.
#SOL
Source: Crypto Briefing
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