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.
The post DeFi Development Corp Bets $273M on 110K Solana as SOL Per Share Skyrockets 48% appeared first on Cryptonews.
Source: Cryptonews →Related News
- 1 hour ago
Solana Drops To $185 Support Amid SEC ETF Delay, But Analysts Eye Massive Breako...
- 9 hours ago
SEC Is Mobilizing All Branches To Make U.S. A Global Crypto Hub, Chair Paul Atki...
- 10 hours ago
Cynthia Lummis Backs Budget-Neutral Bitcoin Reserve – Using Seized Crypto, Not P...
- 10 hours ago
Fed Scraps Crypto Oversight Program After Trump’s “Debanking” Outcry
- 12 hours ago
DeFi Dev Corp Expands Solana Holdings to $273M with New Purchase