Beyond the Hype: Unpacking DeFi Dev Corp's Aggressive Solana Accumulation
- Keyword Financial
- Aug 15
- 3 min read
Introduction
DeFi Development Corp (DFDV) bought another 110,000 SOL (about $22 million), lifting its Solana treasury to roughly 1,420,173 SOL valued near $273 million. The firm highlighted that its SOL Per Share (SPS) metric rose to 0.0675, reflecting increased SOL reserves backing each outstanding share and signaling stronger direct exposure for shareholders to Solana’s upside. The company has been steadily accumulating SOL in recent weeks, accelerating its on-chain treasury strategy centered on Solana. (CryptoNews and Blockonomi)
DFDV said SPS climbed 9% to 0.0675 day over day and has surged 48% over the past 30 days, a jump that underscores how aggressively the company has been adding SOL relative to its share count. The firm positions SPS as a key valuation and transparency metric—total SOL divided by shares outstanding—so investors can track how much SOL effectively backs each share as the treasury grows. This metric’s rapid improvement over the month is central to DFDV’s pitch that it offers publicly listed, on-chain exposure to Solana’s ecosystem performance. (Blockonomi)
In parallel, DFDV plans to stake all of its SOL to earn native yield, compounding its holdings over time and reinforcing its long-term, crypto-native treasury approach. The company has indicated it uses a mix of financing tools to support ongoing purchases and sees continued room to scale the strategy if market conditions remain favorable. Overall, the latest buy and the SPS jump frame DFDV as a high-conviction Solana accumulator seeking to combine treasury growth with staking income for shareholders. (Blockonomi)
