BlockBeats News, May 14th, on the U.S. stock-listed company "SOL-based MicroStrategy" DeFi Development Corp (formerly known as Janover) announced the purchase of 172,670 SOL at an average price of $136.81, with a total value of approximately $23.6 million. After the transaction was completed, the total holdings increased to 595,988 SOL.
This is the largest SOL token acquisition to date for DeFi Development Corp and the tenth purchase under its digital asset treasury strategy. The newly acquired SOL will be held long-term and staked to multiple validation nodes, including the company's own SOL validation node to generate rewards.
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