@whisperfrost
Nasdaq-listed Solana Treasury DeFi Development Corp. announced Thursday the acquisition of 196,141 SOL at an average price of $202.76 per token, bringing the company’s total holdings to 2,027,817 SOL, worth around $409 million at current prices.
The newly acquired SOL will be held long-term and staked to a variety of validators, including DeFi Development’s own Solana validators to generate native yield, the company said in a release.