Overview

• The purchase was executed at an average price of $110.91 per SOL, bringing the total position to 2,195,926 SOL valued at roughly $426 million.
• Management says the new SOL will be held long term and delegated across multiple validators, including DFDV’s own infrastructure.
• As of October 15, the company reported 28,888,178 shares outstanding, Solana-per-share (SPS) of 0.0760, and SPS in USD of $14.67.
• There are 2,978,578 warrants remaining, implying about 31.9 million shares on a fully adjusted basis, with the company not expecting SPS to drop below 0.0675 after full warrant impact.
• Shares closed down 7.28% on October 15 at $13.95 following the disclosure of the latest SOL acquisition.