DeFi Development Corp SOL Treasury Hits 2.56M As Preliminary NAV Doubles

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR DeFi Development Corp says its Solana treasury has reached approximately 2.564 million SOL and SOL equivalents. The company added roughly 26,203 SOL since September 28 and valued its holdings at about $302 million. Preliminary estimates show NAV per share rose more than 100% between August 12 and September 30, but those figures are not yet final audited results. DeFi Development Corp has pushed its Solana treasury above 2.56 million SOL while reporting a sharp increase in preliminary net asset value per share. The Nasdaq-listed company disclosed the update in an October 5 filing, saying it had added about 26,203 SOL since September 28. Total holdings stood at approximately 2,564,212 SOL and SOL equivalents, worth about $302 million at the company’s stated valuation. The Treasury Is Still Growing The company says its SOL holdings have increased by roughly 11% since its August 12 earnings update. That growth comes from both purchases and what management describes as organic accumulation, including staking-related activity. For a company built around a crypto treasury strategy, th...