Quick Breakdown:
- DeFi Development Corp has doubled its Solana treasury to over 2 million SOL tokens, valued at $412 million, through recent purchases aimed at staking yield generation.
- Despite a 7.59% dip in shares, the company shows strong revenue and net profit growth, with optimistic analyst ratings and Solana’s rapid market cap rise generating broader crypto interest.
- Analysts at Cantor Fitzgerald have given DFDV an ‘overweight’ rating with a price target of $45.
DeFi Development Corp has significantly boosted its Solana (SOL) holdings, pushing its treasury value to over $400 million following recent acquisitions. Over the past eight days, the company purchased approximately $117 million worth of SOL tokens, including a fresh buy of 196,141 tokens at an average price of $202.76 each, planned for staking to generate yield. This latest move brings DeFi Development Corp’s total SOL holdings to more than 2.02 million tokens, roughly doubling its position since July 21 and reaching a valuation near $412 million.
1/ Achievement Unlocked: 2 Million $SOL ✅
Today, we announce the acquisition of 196,141 SOL at an avg. price of $202.76, bringing total treasury holdings to 2,027,817 SOL.
This latest purchase marks an +11% increase from our prior acquisition announced on August 28, 2025. 🧵 pic.twitter.com/31YUMpvZOw
— DeFi Dev Corp. (DFDV) (@defidevcorp) September 4, 2025
Following a $125 million equity raise that closed on August 28, DeFi Dev Corp demonstrated significant institutional support by strategically acquiring an additional 407,247 SOL (valued at $77 million) on August 29. This purchase increased their total Solana holdings to 1.83 million SOL, bringing the total value to $371 million..
DFDV Stock Price dips
However, despite these bullish treasury moves, DeFi Development Corp’s shares fell 7.59% on Thursday, closing at $15.21, though they regained about 1% in after-hours trading. Year-to-date, the stock remains up an impressive 1,710%, albeit down from its all-time high of $35.53 recorded in May.
Financially, the company exhibits robust growth with a reported 350% revenue increase and a 525% rise in net profit margin during the June quarter. Reflecting analyst confidence, Cantor Fitzgerald assigned an ‘overweight’ rating to DFDV shares with a $45 price target.
In parallel, Solana itself continues to attract attention as the fastest crypto asset to reach a $100 billion market capitalization milestone in less than five years, outpacing tech giants such as Google and Meta. Solana’s 30-day price rose by 26.2%, and by 54.5% over the past year, showcasing enduring market strength that underpins DeFi Development Corp’s strategic investment decisions.
This accumulation and strong company fundamentals underline DeFi Development Corp’s commitment to leveraging Solana’s staking ecosystem to maximize returns amid ongoing market dynamics.
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