DeFi Dev purchases $22M SOL, grows treasury to 1.42M SOL

* DeFi Development (NASDAQ:DFDV [https://seekingalpha.com/symbol/DFDV]) announced it now holds approximately 1.42M SOL and SOL equivalents on its balance sheet, inclusive of rewards generated through staking and onchain activities.
* The increase follows the company’s acquisition of 110,000 SOL at an average price of $201.68, representing a total value of about $22 million.
* DFDV is -6.59% to $18.28.
* Source: Press Release [https://seekingalpha.com/pr/20202515-defi-dev-corp-purchases-22m-sol-grows-treasury-to-1_42m-sol]

MORE ON DEFI DEVELOPMENT

* DeFi Development: The MicroStrategy Of Solana [https://seekingalpha.com/article/4797155-defi-development-the-microstrategy-of-solana]
* DeFi Dev grows Treasury to 1.18M SOL, raises $20M from equity line of credit [https://seekingalpha.com/news/4473318-defi-dev-grows-treasury-to-118m-sol-raises-20m-from-equity-line-of-credit]
* DeFi Dev grows SOL treasury to 999,999, raises $19 million from equity line of credit [https://seekingalpha.com/news/4469211-defi-dev-grows-sol-treasury-to-999999-raises-19-million-from-equity-line-of-credit]
* Seeking Alpha’s Quant Rating on DeFi Development [https://seekingalpha.com/symbol/DFDV/ratings/quant-ratings]
* Historical earnings data for DeFi Development [https://seekingalpha.com/symbol/DFDV/earnings]