On July 21, according to Globe Newswire, DeFi Development Corp. (NASDAQ: DFDV) announced that the SOL and equivalent assets on its balance sheet have increased to 999,999. The company purchased 141,383 SOLs at an average price of $133.53 per coin between July 14 and 20, with a total value of approximately $19.00 million. The purchase included spot and discounted locked SOLs, and the company also received approximately 867 SOL rewards through staking and on-chain activities. In addition, the company raised a net of approximately $19.20 million through equity credit line financing this month for future SOL purchases. As of July 20, almost all unlocked SOLs have been pledged to the company's own verification nodes, which continue to generate native income. [PANews]

DeFi Development increased its holdings by 141,383 SOLs, bringing its total holdings to nearly 1 million.