DeFi Development Corporation, a publicly traded AI-driven real estate firm, has announced a significant acquisition of Solana (SOL), purchasing an additional 172,670 SOL for around $24 million, bringing its total holdings to nearly 600,000 SOL, valued at approximately $105 million. This notable purchase marks a major milestone for the company, which has aggressively shifted to accumulate digital assets, particularly Solana, over the past month. The CEO, Joseph Onorati, emphasized that this is just the beginning of their strategy. Following this announcement, shares of DeFi Development Corp. rose by 19%, marking an impressive year-to-date increase of over 1,700%. The company has also made headlines by acquiring a Solana validator business, enhancing its commitment to the Solana ecosystem. As the crypto market surged, Solana's price has similarly risen, reflecting a broader positive momentum in the digital asset space.

Source đź”—