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DeFi Development Raises SOL Treasury to 2.586 Million SOL and Equivalents

DeFi Development Raises SOL Treasury to 2.586 Million SOL and Equivalents

Photo: TokenPost

DeFi Development Corp. increased its treasury to approximately 2,586,282 Solana (SOL) and SOL equivalents, extending its recent accumulation as the company expands its digital-asset holdings. The Nasdaq-listed company added approximately 22,070 SOL and SOL equivalents during the week before Oct. 12. DeFi Development announced the latest total at 8 a.m. ET (12 p.m. UTC) on Oct. 12 and described the increase as roughly 12% growth since its Aug. 12 second-quarter earnings update. The treasury stood at approximately 2,538,010 SOL and equivalents on Sept. 28 before rising to 2,564,212 on Oct. 5. The company valued the Sept.

Source: TokenPost

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