DeFi Development Resumes Solana SOL Purchases

02:17 PM EDT, 08/27/2026 (MT Newswires) -- DeFi Development (DFDV) said Thursday it resumed purchases of Solana's SOL cryptocurrency, acquiring about 19,000 SOL at an average price of $98.14 and expanding its treasury to about 2.3 million SOL and SOL equivalents. The purchase was partially funded through proceeds from the divestment of the company's ZeroStack position. DFDV expects to hold the newly acquired SOL as a long-term treasury asset and deploy it through its staking and onchain treasury infrastructure. DFDV expects the newly acquired SOL to contribute additional staking and onchain revenue as it is deployed across its treasury infrastructure. Shares of DeFi Development were up more than 21% in Thursday afternoon trading. Price: 5.47, Change: +0.97, Percent Change: +21.56