Huo Xing Finance reports, according to Globenewswire, that Nasdaq-listed DeFi Development Corp. (DFDV) announced it has increased its SOL holdings by approximately 47,706 SOL since September 21, bringing its total SOL and SOL-equivalent holdings to about 2,538,010 SOL, with a current value of approximately $309 million. This increase represents a week-over-week growth of about 2% in its SOL position and a roughly 10% increase since its second-quarter earnings report on August 12, during which it has accumulated over 226,000 additional SOL. The company stated that it will continue to acquire SOL through funding channels, including its recently established $300 million CHAD ATM.
Nasdaq-listed DFDV adds 47,706 SOL, total holdings reach 2.538M
MarsBitShare
DeFi exploit concerns remain low, as on-chain data reveals that Nasdaq-listed DeFi Development Corp. (DFDV) added 47,706 SOL since September 21. Its total holdings now stand at 2,538,010 SOL, valued at $309 million. The purchase represents a 2% weekly increase and a 10% rise since its August 12 earnings report. DFDV plans to use its $300 million CHAD ATM to continue acquiring SOL. On-chain records show no indications of DeFi exploit activity in the latest transactions.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.