DeFi Development Adds 19,000 SOL to Treasury at $98.14
Nasdaq-listed DeFi Development Corp. increased its Solana treasury to 2.33 million tokens with a $1.9 million purchase partly funded by ZeroStack divestment.
DeFi Development Corp. purchased approximately 19,000 SOL at an average price of $98.14 for a total of about $1.9 million. The acquisition raises the company's holdings to roughly 2.33 million SOL and SOL equivalents.
The tokens will be held long-term and staked through the company's own validator infrastructure. Part of the purchase was financed by proceeds from the divestment of ZeroStack, a partnership formed in September 2025. The exact share of financing from those proceeds remains undisclosed.
Exposure model
Chief Executive Joseph Onorati stated that the company offers shareholders amplified exposure to SOL. Company data showed August equity performance more than twice that of SOL and quarter-to-date performance about 1.8 times SOL. Share price and market capitalization figures reflect levels reported at the time of the announcement.