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DeFi Development Corp Acquisition: The company has acquired 196,141 Solana tokens at an average price of $202.76, increasing its total holdings to 2.03 million tokens valued at $409 million, and plans to stake these tokens across various validators for long-term yield generation.
Impact on Share Valuation: Current holdings equate to 0.0793 SOL per share based on 25.57 million outstanding shares, with expectations that the SOL per share will not drop below 0.0675 despite potential adjustments from pre-paid warrants affecting share count.
