Nasdaq-listed firm DeFi Development Corp is now just one token away from crossing a million Solana in its treasury after its latest $198 million buy.

In a statement on Monday, DeFi Development Corp data-ct-non-breakable=”null” href=”https://www.globenewswire.com/news-release/2025/07/21/3118660/0/en/DeFi-Dev-Corp-Grows-SOL-Treasury-to-999-999-Raises-19-Million-from-Equity-Line-of-Credit.html” rel=”noopener nofollow” target=”_blank” title=”null”>said its purchase of 141,383 Solana (SOL) between July 14 and July 20 had grown its treasury to 999,999.

The recent acquisition included spot purchases, discounted locked SOL, and 867 tokens data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/defi-staking-proof-of-stake-pos-coins” title=”null”>earned through staking, validator revenue, and “other onchain activity,” according to DeFi Development Corp.

“All newly acquired SOL is being staked immediately,…

Nasdaq-listed firm DeFi Development Corp is now just one token away from crossing a million Solana in its treasury after its latest $198 million buy.

In a statement on Monday, DeFi Development Corp data-ct-non-breakable=”null” href=”https://www.globenewswire.com/news-release/2025/07/21/3118660/0/en/DeFi-Dev-Corp-Grows-SOL-Treasury-to-999-999-Raises-19-Million-from-Equity-Line-of-Credit.html” rel=”noopener nofollow” target=”_blank” title=”null”>said its purchase of 141,383 Solana (SOL) between July 14 and July 20 had grown its treasury to 999,999.

The recent acquisition included spot purchases, discounted locked SOL, and 867 tokens data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/defi-staking-proof-of-stake-pos-coins” title=”null”>earned through staking, validator revenue, and “other onchain activity,” according to DeFi Development Corp.

“All newly acquired SOL is being staked immediately,…