Summary
- DeFi Development said it purchased an additional 62,745 Solana.
- It said the purchase was part of a Solana accumulation strategy.
- DeFi Development said the Solana it holds is worth about $500 million.

Nasdaq-listed DeFi Development has purchased an additional 62,745 Solana (SOL).
On the 17th (local time), according to GlobeNewswire, DeFi Development said in a press release, "Today we made an additional purchase of 62,745 SOL as part of our Solana accumulation strategy."
DeFi Development currently holds 2,095,748 Solana. It is worth about $500 million.

Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit

![[Exclusive] FSS: “We will supervise crypto exchanges like banks”](https://media.bloomingbit.io/PROD/news/410a793c-5ce5-4b31-be5a-3af54f161e4a.webp?w=250)



