DeFi Development Corporation increased its holdings of 88164 SOLs, bringing its total holdings to 251842

According to BlockBeats, on April 23rd, Janover, a US listed company, changed its name to DeFi Development Corporation and increased its holdings of 88164 SOLs worth approximately $11.5 million today. After this purchase, the company's total SOL holdings increased to 251842 pieces, valued at approximately 34.4 million US dollars. BlockBeats previously reported that on April 7th, Janover, a US listed company, announced that the company had raised $42 million by issuing convertible notes and warrants to multiple investors including Pantera Capital, Kraken, Arrington Capital, etc. These funds will be used to purchase SOL as financial reserves. The newly appointed chairman and CEO of the company, Joseph Onorati, revealed that his team plans to "immediately" begin increasing its holdings in SOL. Janover also plans to acquire validators (i.e. computers that help run Solana networks and verify transactions), who can be used not only to acquire SOL tokens but also to 'stake' them, earning rewards by locking SOL tokens on the network.