DeFi Development Corp has acquired 110,466 Solana (SOL) for 18.4 million USD. This boosts their total holdings to approximately 1.29 million SOL, valued at around 209 million USD. The acquisition supports their strategy focused on Solana.
Market reactions have been positive, indicating that this acquisition may enhance SOL’s reputation in the cryptocurrency market. The company’s approach mirrors MicroStrategy’s strategy with Bitcoin, but is specifically tailored for Solana.
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