[Chain News] The Nasdaq-listed Solana treasury company DeFi Development(, ticker symbol DFDV), just released its November report card. Interestingly, they didn’t buy more SOL this month and still hold 2.196 million coins, worth about $293 million at current prices. However, they did stake over 530,000 of those SOL into the liquid staking token dfdvSOL to earn interest.
The real highlight is in the Q3 financial report: unrealized gains soared to over $74 million, with a SOL holding yield of 11.4%. Honestly, that return rate is pretty solid. Plus, the company’s COO Parker White and Chief Strategy Officer Dan Kang recently started buying back company stock on the secondary market—when executives put real money in, that’s a strong signal.
By the way, the company’s main strategy is to accumulate SOL and then use liquid staking to earn yields, and it’s turning out to be a hit in this bull market. With executives buying in, what do retail investors think?
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fren_with_benefits
· 14h ago
Executives buying back their own shares? Now that's a real vote of confidence, not just empty words.
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AirdropDreamer
· 14h ago
When executives start buying in themselves, that really says a lot... Just hoarding tokens isn't enough, you also have to do liquidity staking to maximize gains. I think that's the way to go.
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TestnetScholar
· 15h ago
Executives buying back their own company’s stock—that’s what you call voting with money. It’s more effective than anything else.
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BearMarketGardener
· 15h ago
Executives are buying up—what does this mean... Is SOL about to take off this time?
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AirdropLicker
· 15h ago
Executives are starting to buy up shares—what kind of signal are they sending us...
Nasdaq-listed SOL treasury company’s latest holdings revealed: Nearly 220,000 SOL untouched, but executives have started buying up
[Chain News] The Nasdaq-listed Solana treasury company DeFi Development(, ticker symbol DFDV), just released its November report card. Interestingly, they didn’t buy more SOL this month and still hold 2.196 million coins, worth about $293 million at current prices. However, they did stake over 530,000 of those SOL into the liquid staking token dfdvSOL to earn interest.
The real highlight is in the Q3 financial report: unrealized gains soared to over $74 million, with a SOL holding yield of 11.4%. Honestly, that return rate is pretty solid. Plus, the company’s COO Parker White and Chief Strategy Officer Dan Kang recently started buying back company stock on the secondary market—when executives put real money in, that’s a strong signal.
By the way, the company’s main strategy is to accumulate SOL and then use liquid staking to earn yields, and it’s turning out to be a hit in this bull market. With executives buying in, what do retail investors think?