DeFi Development adds $11.2M in Solana to treasury
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 06 2025
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DeFi Development's Acquisition: DeFi Development Corporation has purchased approximately 82,404.50 Solana tokens, increasing its total holdings to around 400,091 SOL, valued at $58.5 million, including staking rewards.
Locked SOL Details: The acquisition includes locked SOL from BitGo's OTC desk, which cannot be transferred until their unlock period expires but can be traded over-the-counter among qualified parties.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
