web3: DFDV resumes increasing its holdings of SOL, with holdings rising to 2.33 million coins
SolanaFloor
1h ago
Ai Focus
DFDV resumed buying of SOL, with a holding of approximately 2.33 million coins. Some of the funds came from the sale of ZeroStack positions.
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DeFi Development Corp. The company disclosed that it has resumed its SOL shareholding increase plan, with the latest purchase of approximately 19,000 SOL, for a transaction amount of about $1.86 million, and an average purchase price of $98.14. This is the company's first shareholding increase since October 2025.

Position increased to approximately 2.33 million SOL

After this transaction was completed, the treasury holdings of DFDV increased to approximately 2.33 million SOL, valued at around 182 million US dollars according to the calculations in the text. The company stated that the newly added SOL will continue to be held as a long-term treasury asset and will be deployed through staking and on-chain infrastructure.

Part of the funds come from the sale of the ZeroStack position.

The company stated that some of the funds used for this purchase came from the proceeds of the sale of its ZeroStack position. The original text did not disclose more detailed information about the scale of the sale or the transaction price, but it clearly indicated that these funds have been used to support the latest round of SOL allocation.

The last time DFDV was purchased, which was on October 16, 2025, the company bought 86,307 units of SOL at an average price of $110.91. This resumption of increased holdings comes at a time when SOL has shown a clear strengthening in the recent market.

SOL The cumulative increase in August is close to 50%

It is reported that SOL has risen by nearly 14% in the past 24 hours, performing well among the top ten cryptocurrencies by market value. Since August, SOL has seen a cumulative increase of nearly 50%, and is on track to record its largest monthly gain since March 2024.

Before this purchase on DFDV, Forward Industries was the most recent DAT to continue increasing its holdings of SOL. From July 1st to August 3rd, the company purchased a total of 254,000 SOL, at an average price of about $75 per unit, increasing its total holdings to approximately 7.8 million SOL.

Participation in governance voting leads to disputes among verifiers

DFDV As the time for resuming purchases approaches, Solana the community is voting on three governance proposals. DFDV has publicly expressed support for these three proposals and has cast a vote in favor of each one.

Solana Foundation Product Engineer Steven Sarmiento stated that the participation of a NASDAQ-listed company in Solana governance is a positive sign. However, Jito Labs, co-founder and CEO Lucas Bruder, subsequently raised doubts, saying that such participation would be "more commendable" if DFDV stopped extending the validators' time slots to twice the normal duration. These remarks point to previous controversies regarding the operation methods of DFDV validators.

Additional information:The original text refers to Forward Industries as the most recent company that possesses the attribute of DAT and continues to increase its holdings in SOL, but it does not provide a further explanation of the complete definition of DAT.

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