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Forums › DeFi & On-Chain Finance › Development Corp exceeds $ 100 million from Solana Holding
defi dev corp be like “yoinked 172,670 SOL for $23.6M now holding $102.7M of SOL, ex-Kraken bros leading us to 2200% gains, we all in on
degen alert 🚨: DEFI Development Corp splurged $23.6M on 172,670 Solana tokens, making their bag a hefty $102.7M — time to ape in and FOMO on those
defi corp turning into a SOLANA casino, bruh tripled their bag, rumored to be managed by genius apes pumping-and-dumping on all of us plebs, NGMI, but hey at least we get updates on their masterpiece of
DEFI Development Corp announced its largest crypto acquisition yet, buying 172,670 Solana tokens for $23.6M, totaling holdings of 595,988 tokens worth $102.7M. The purchase is part of its Treasury Digital Asset strategy post-rebranding. Led by ex-Kraken managers, the company shifted to a crypto public vehicle focusing on Solana, resulting in a 2200% share increase. They plan to support Solana network operations through token acquisition and provide shareholder returns. Regular updates on their digital asset strategy are available on their platform. Source: [link]
https://altcoin.observer/development-corp-exceeds-100-million-from-solana-holding/
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