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Nasdaq-listed SOL treasury company DeFi Development, ticker DFDV, said it added about 47,706 SOL after Sept. 21, bringing total holdings to 2,538,010 SOL worth $309 million.
The holding increased about 2% over the past week and by more than 226,000 SOL, or around 10%, since the company’s second-quarter earnings release on Aug. 12. The company said it uses its SOL holdings for staking and for operating its own validator to generate additional SOL and fee income.