{"id":39317,"date":"2025-07-29T12:03:07","date_gmt":"2025-07-29T12:03:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39317"},"modified":"2025-07-29T12:03:07","modified_gmt":"2025-07-29T12:03:07","slug":"defi-dev-boosts-solana-treasury-to-218m-after-latest-purchase","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39317","title":{"rendered":"DeFi Dev Boosts Solana Treasury to $218M After Latest Purchase"},"content":{"rendered":"<div>\n<p>DeFi Development (DFDV), the Nasdaq-listed firm pursuing a crypto treasury strategy focused on Solana (SOL), said on Tuesday it increased holdings to roughly 1.18 million SOL, worth about $218 million.<\/p>\n<p>According to a press release shared with CoinDesk, the company acquired 181,303 SOL tokens between July 21 and July 28 at an average price of $155.33 per token, including locked-up assets. The purchase was funded mainly through proceeds from its <a href=\"https:\/\/www.coindesk.com\/business\/2025\/06\/12\/defi-adding-5b-of-solana-buying-power-with-new-line-of-credit\">equity line of credit<\/a>, the firm said.<\/p>\n<p>The acquisition lifted the firm\u2019s Solana-per-share metric, or SPS, by 12% to 0.0575, marking the second consecutive week of double-digit growth. SPS is a key measure for the company, <\/p>\n<p>DeFi Dev Corp. issued about 975,000 new shares during the week, raising $20 million and bringing its month-to-date total to $39 million in credit line proceeds. About $10 million remains earmarked for future Solana purchases. The company has tapped less than 1% of its $5 billion credit facility.<\/p>\n<p>The newly acquired tokens will be staked across multiple validators, including DeFi Dev\u2019s own, to generate rewards and compound holdings.<\/p>\n<p>The company, formerly known as real estate tech platform Janover, is part of a growing trend of publicly-traded firms raising funds by selling shares and debt to add cryptocurrencies on their balance sheet, following Strategy&#8217;s playbook with bitcoin (BTC).<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/07\/21\/defi-development-nears-200m-solana-treasury\">DeFi Development Nears $200M Solana Treasury<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DeFi Development (DFDV), the Nasdaq-listed firm pursuing a crypto treasury strategy focused on Solana (SOL), said on Tuesday it increased holdings to roughly 1.18 million SOL, worth about $218 million. According to a press release shared with CoinDesk, the company acquired 181,303 SOL tokens between July 21 and July 28 at an average price of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39317","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39317"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39317\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}