According to CoinMeta, DeFi Development Corp resumed purchases of Solana on August 27, acquiring approximately 19,000 SOL at an average price of $98.14, with transaction costs amounting to around $1.86 million. This transaction increased the SOL treasury of DeFi Development to about 2,333,432 SOL and SOL equivalent assets, which is an increase of about 21,909 SOL from 2,311,523 SOL on August 12. The company stated that it plans to utilize the newly acquired SOL as a long-term treasury asset and to deploy it through staking and on-chain infrastructure in order to generate staking rewards and other revenues.