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DeFi Development Corp Adds $3 Million to Solana Holdings

Nasdaq-listed DeFi Development Corp has added roughly $3 million worth of Solana to its holdings, according to a recent SEC filing, though the pace of its accumulation has slowed significantly.

The firm’s total Solana and SOL-equivalent stash grew by approximately 1% to about 2.56 million tokens. This weekly increase was roughly half the size of the prior week’s gain and was notably slower than the accumulation rate seen in mid-September.

The filing provides a transparent look into the investment activity of a publicly traded company within the digital asset space. While the firm continues to build its position, the decelerating pace of purchases suggests a shift in its acquisition strategy or market timing.

DeFi Development Corp’s ongoing investment highlights continued institutional interest in Solana, even as buying activity fluctuates. The company’s holdings are tracked through mandatory disclosures to the U.S. Securities and Exchange Commission.

Original reporting: Decrypt