DeFi Development Corp. expands treasury to 2.33 million SOL as it resumes Solana buying spree

DeFi Development Corp. (Nasdaq: DFDV) has resumed purchasing Solana and pushed its treasury holdings to approximately 2.33 million SOL or equivalents, further cementing its position as one of the largest public-company holders of the token. The SOL treasury strategy, by the numbers DFDV pivoted hard toward Solana accumulation in April 2025, abandoning previous ventures including real estate to go all-in on SOL as a treasury reserve asset. By August 12, 2026, the company reported holdings of 2,311,523 SOL and equivalents. The latest announcement pushes that figure to roughly 2.33 million. The firm’s last major disclosed purchase before this resumption came in October 2025, when it scooped up 86,307 SOL at an average price of approximately $110.91 per token. That brought its total at the time to around 2.195 million SOL. In the months between that purchase and now, DFDV grew its stack primarily through staking rewards rather than open-market buys. The company tracks its progress through a custom metric it calls “SOL per share,” or SPS. As of August 2026, SPS stood at 0.066 on a fully converted basis, reflecting 24% year-over-year growth. The long-term target is ambitious: DFDV wants ...