In new bullish news, DeFi Development Corp. further increased its crypto treasury with the acquisition of 17,760 SOL worth an estimated $2.7 million. With the acquisition, the company now holds roughly 640,585 SOL and SOL-equivalent assets.

The company’s crypto treasury now stands at almost $98.1 million, bolstered by staking rewards. This latest tactical maneuver cements DeFi Development Corp’s role as the only publicly traded proxy for exposure to the Solana ecosystem.

Data model Real estate DeFi Development Corp. combines real estate SaaS relating to active Solana staking and DeFi participation. The recent SOL purchase puts even more chips on the table with respect to its commitment to the Solana network.

With 14.7 million shares outstanding, DeFi Development Corp.’s SOL per share value comes out to $6.65. This simple metric goes a long way in helping investors grasp the company’s leverage to Solana’s overall success.

The company’s overall strategy is a mesh of old-realm real estate technology with new-world DeFi practices. DeFi Development Corp. are uniquely positioned to capitalize on the opportunities that are growing along with the expanding Solana ecosystem. Meanwhile, they preserve their empowered, diversified business model.

DeFi Development Corp.’s purchase of over 12 million SOL tokens is a vote of confidence in the long-term viability of the Solana blockchain. By doubling down on SOL, the firm is uniquely placing itself to capitalize from any future appreciation of the asset.

DeFi Development Corp. is deeply involved in Solana staking as well as other DeFi protocols to create other profitable revenue streams. Collectively, these activities drive both growth and appreciation and therefore added value to the company’s crypto treasury.