DeFi Development Corp added approximately 47,706 SOL and SOL equivalents since September 21.
\nTotal holdings have reached roughly 2.538 million SOL and equivalents, valued by the company at about $309 million.
\nThe treasury has grown around 10% since the company\u2019s August 12 earnings update.<\/p>\n
DeFi Development Corp has pushed its Solana<\/a> treasury above 2.5 million SOL and SOL equivalents after another week of accumulation.<\/p>\n The Nasdaq-listed company said on September 28 that it added approximately 47,706 SOL to its treasury since September 21.<\/p>\n That takes the total to around 2,538,010 SOL and SOL equivalents.<\/p>\n DeFi Development Corp valued the position at approximately $309 million at the time of the announcement.<\/p>\n The latest addition represents roughly 2% week-over-week growth.<\/p>\n Since the company\u2019s August 12 earnings update, its SOL and SOL-equivalent holdings have increased by more than 226,000 tokens, or around 10%.<\/p>\n That makes the latest disclosure part of an ongoing treasury strategy rather than a one-off crypto purchase.<\/p>\n The company has described its approach as accumulating and compounding Solana rather than simply holding it idle.<\/p>\n That can include staking<\/a> and other strategies intended to generate additional SOL-denominated returns from the underlying treasury.<\/p>\n Bitcoin treasury companies established the basic model: raise capital, buy a digital asset and give public-market investors exposure through the company\u2019s shares.<\/p>\n Solana-focused companies are trying to add another layer.<\/p>\n SOL is a proof-of-stake asset, which means a corporate holder can potentially earn staking rewards while maintaining its treasury position.<\/p>\nThe Treasury Grew About 2% In One Week<\/h2>\n
Solana Treasury Companies Are Becoming Their Own Category<\/h2>\n