DeFi Development Corp SOL Treasury Hits 2.56M As Preliminary NAV Doubles
Summary
Nasdaq-listed DeFi Development Corp said in an October 5 filing that its Solana holdings had reached about 2.56 million SOL and equivalents, valued at roughly $302 million. The company added around 26,203 SOL since September 28, with holdings up about 11% since its August earnings update through purchases and staking-related accumulation. Preliminary third-quarter estimates indicate double-digit growth in SOL per share and more than 100% growth in net asset value per share from August 12 to September 30. Final results are pending, and NAV depends on SOL prices and the company’s capital structure; shareholders remain exposed to SOL volatility.
