DeFi Development has increased its SOL holdings to around $14.6 million, bringing its total position to nearly $500 million.

BlockBeats News, September 18th. According to The Block, DeFi Development Corp has once again purchased 62,745 SOL, worth approximately $14.6 million. The company now holds a total of over 2 million SOL, worth nearly $500 million. The company currently has about 25 million shares outstanding, leading to a "per share SOL value" indicator of approximately $19.44. Taking into account the warrants issued in a recent financing round, DFDV's share count will increase to 31.5 million shares. The company intends to continue "staking the recently purchased tokens to multiple validation nodes," including its internally operated Solana validation node.