11 hours ago

DeFi Development Corp Bets $273M on 110K Solana as SOL Per Share Skyrockets 48%

DeFi Development Corp has bought 110,000 SOL for $22M, taking holdings to 1.42M SOL and lifting SOL per share 48% over 30 days. The company has staked all new tokens across validators, reports Q2 revenue of $1.98M and net income of $15.4M, and has estimated a ~10% annualized validator yield.

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Source: Cryptonews →