DeFi Development Buys $16M SOL at $111, But Stock Value Per Share Drops 25%
DeFi Development Corp. purchased 86,307 SOL for roughly $16 million at a median value of $110.91, rising its treasury by 4.7% to 2,195,926 SOL price $426 million. However, the Nasdaq-listed agency’s SOL per share metric dropped to $14.67 from $19.44 recorded in September, a 25% decline regardless of the buildup. The firm reported 28,888,178 shares…
