DeFi Development Corp Adds $3 Million in Solana
According to information published by Decrypt, Nasdaq-listed DeFi Development Corp increased its Solana holdings by about 1% in its latest SEC filing. The company’s stash now stands at about 2.56 million SOL and SOL equivalents.
According to information published by Decrypt, Nasdaq-listed DeFi Development Corp said in its latest SEC filing that its Solana holdings increased by about 1%. The company now holds about 2.56 million SOL and SOL equivalents.
Decrypt reported that the latest increase was roughly $3 million and marked about half the gain from the prior week. The pace was also well below the level seen in mid-September.
Key Takeaways
- DeFi Development Corp’s latest SEC filing showed its Solana stash rose about 1%.
- The company now holds about 2.56 million SOL and SOL equivalents.
- Decrypt said the latest increase was about $3 million and slower than the prior week and mid-September.
Context
Companies that hold digital assets on their balance sheets often disclose changes in those holdings through SEC filings. Solana is a blockchain network and SOL is its native token.
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