Defi Development is close to a million Solana in the cabinet star-news.press/wp

Defi Development Corp, listed on the NASDAC Stock Exchange, became only one of the crossing of a million Solana in her treasury after her last purchase of $ 198 million.

In a statement on Monday, Defi Development Corp He said The purchase of 141,383 Solana (SOL) between July 14 and July 20 has grown its treasury to 999,999.

The recent acquisition included topical purchases, lowering Sol, 867 code obtained through exhaustion, auditor’s revenues, and “ONSAIN Activity”, according to Defi Development Corp.

“All the newly acquired Sol is immediately steeped, and earns the original return with help securing the Solana network,” the company He said In the post on Monday.

The latest acquisitions of Defi Development Corp came on Sunday and have already paid from Monday, when Solana jumped by 12 % to more than $ 202, according to Nansen’s data.

In the past seven days, the distinctive symbol has increased more than 25 %.

It is possible that there are more purchases received

Deci Development Corp said it raised $ 19.2 million of net revenue by release 740,000 shares of regular stocks. The company said it still has $ 5 million available for future purchases.

At current prices, $ 5 million can buy at least 24,752 Sol.

On the June 25 episode of Think Crypto Podcast, Chairman of the Board of Directors of Defi Development Corp and CEO Joseph Onurati He said The company has no plans to expand any other encryption for the “foreseeable future”.

He added that they chose Sol for the Treasury Treasury because of its original return and fluctuation, which he said was the “main component” of the success of the treasury strategy companies because “the fluctuations in the end are taking advantage of the shareholders by financing the convertible debt.”

Related to: The expansion of the Sol Treasury Treasury led by the concession with Krakeen, Pantera Support

Defi Development Corp, which was previously Janover, was a real estate financing company using an online platform operating in Amnesty International linking lenders and commercial real estate buyers. Company to make The first Sol purchase of 2,858 symbols on April 8.

The latest Solana Mobilization and Mobilization operations failed to enhance the price of Defi Development Corp, which decreased by 3.65 % on Monday for trading at $ 23.52. However, he recovered a little in the hours after trading hours to $ 24.55.

Other companies create Solana bond bonds as well

Bitco Mining Bit Mining announced on July 10 that it was a strategic transformation in the Solana Environmental System, with plans to raise up to $ 300 million to build a Solana symbolic wardrobe.

Meanwhile, on June 16, Memestrategy increased 28.5 % after it became the first company publicly listed in Hong Kong Investment in Solana, with 2440 symbols and commitment to support the ecosystem of the widest Solana.

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