DefiDevCorp Increases Bet on Solana, Hits 163K $SOL Tokens with Kraken Partnership

• DefiDevCorp accumulates 163,6K $SOL tokens in its portfolio
• Partnership with Kraken strengthens the company’s presence on the Solana network
• Janover shares soar after buyout and restructuring

DefiDevCorp, responsible for managing Michael Saylor's assets in the cryptocurrency sector, announced a new relevant acquisition of Solana tokens ($SOL), consolidating itself as one of the traditional institutions that most bet on the Solana blockchain ecosystem.

According to information released on April 15, the company acquired 80.567 units of $SOL, worth over $10 million. This move represents the third significant purchase made by DefiDevCorp in a short period, bringing the total tokens held to 163,6 thousand $SOL, currently valued at approximately $20,5 million.

Today, we announced the purchase of 80,567 Solana (SOL) valued at approximately $10.5M.

Our current SOL position and key per-share metrics as of April 15, 2025 (inclusive of staking rewards):

– Total SOL Held: 163,651.7
– $Value of SOL Held: ~$21.2M
– Total Shares Outstanding:…

— defidevcorp (@defidevcorp) April 15, 2025

The acquisitions were funded with funds raised through a convertible note and warrant offering, which raised $42 million with support from investors including Pantera Capital, Kraken, and Arrington Capital. Additionally, DefiDevCorp has partnered with exchange Kraken to strengthen its stake delegation strategy on the Solana network.

According to the company, the newly acquired tokens were immediately allocated to secure the network and generate rewards, demonstrating a commitment not only to the asset’s appreciation, but also to Solana’s infrastructure. The organization also signaled plans to operate its own validators or in conjunction with other operators.

At the time of publication, the price of Solana was listed at US$128,06 with a drop of 2% in the last 24 hours.