DeFi Development Corp Bets $273M on 110K Solana as SOL Per Share Skyrockets 48%

DeFi Development Corp has bought 110,000 SOL for $22M, taking holdings to 1. 42M SOL and lifting SOL per share 48% over 30 days. The company has staked all new tokens across validators, reports Q2 revenue of $1. 98M and net income of $15. 4M, and has estimated a ~10% annualized validator yield. source: https://cryptonews.com/news/defidevcorp-bets-273m-on-110k-solana-as-sol-per-share-skyrockets-48/