DeFi Development Corp. bought 17,760 SOL, expanding its Solana treasury to 640,585 tokens. SOL per share value stands at $6.65 based on 14.7 million
The publicly traded real estate tech company DeFi Development Corp. (Nasdaq: DFDV) has acquired another 17,760 Solana (SOL) tokens, valued at approximately $2.72 million, continuing its aggressive strategy of using SOL as its primary treasury reserve asset.
The purchase pushes the companys total holdings to approximately 640,585 SOL and SOL-equivalent assets. This brings the total value of its crypto treasury to nearly $98.1 million, including staking rewards, and solidifies its unique position as a publicly traded proxy for exposure to the Solana ecosystem.
A “SOL First” Treasury Strategy
DeFi Development Corp. operates under an official treasury policy that prioritizes holding Solana. The company‘s goal is to offer public market investors direct economic exposure to SOL’s performance while actively participating in the networks growth through staking and validator operations.
The company translates its crypto holdings into a tangible metric for its shareholders. As of July 3, 2025, its “SOL per share” (SPS) stood at 0.042, which equates to a value of $6.65 per share, based on its 14,740,779 outstanding shares. The company has stated that the recently acquired SOL will be held long-term and staked across various validators to generate additional staking yield, further compounding its holdings.
A Hybrid Model: Real Estate Tech Meets DeFi
While its treasury strategy is focused on crypto, DeFi Development Corp.s core business operates as an AI-driven online platform for the commercial real estate sector. The company provides data subscriptions and software-as-a-service (SaaS) solutions to a wide range of industry professionals, including property owners, developers, and lenders.
Related: Defi Development Corp Plans $1 Billion Offering to Expand Solana Holdings
Its established client base includes a broad spectrum of financial institutions, from banks and credit unions to government-backed lenders like Fannie Mae® and Freddie Mac®. This creates a unique hybrid model where a traditional SaaS business with recurring revenue is also deeply engaged in decentralized finance (DeFi) initiatives centered on the Solana ecosystem.
Risks and Forward Outlook
In its announcement, the company included standard forward-looking statements, acknowledging that its strategy is subject to risks and uncertainties. These include the market price volatility of SOL, potential regulatory changes that could impact its crypto operations, and other economic conditions.
Related: DeFi Development Corp. Withdraws $1 Billion SEC Filing, Eyes More Solana Buys
However, the companys continued acquisitions signal a strong conviction in its long-term, SOL-focused approach.
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