A Solana Treasury Company Adds Another 101,300 SOL to Its Holdings
DeFi Development Corp added 101,300 SOL to its treasury last week, pushing its total holdings to roughly 2.49 million coins. The purchase extends a strategy the company has run for months: raising capital through public markets specifically to accumulate Solana's native token and hold it on the balance sheet, the same playbook bitcoin-focused treasury companies popularized over the past two years applied instead to SOL.