[Solana Treasury Company DeFi Development Announces Approval for $100 Million Stock Buyback] According to Globenewswire, Solana Treasury Company DeFi Development Corp. (Nasdaq: DFDV) announced that its board of directors has approved an expansion of the company’s existing stock buyback program. The authorization amount has been increased from $1 million to a maximum of $100 million in common stock. The company stated that this buyback authorization grants the flexibility to repurchase up to $100 million in common stock, with an initial threshold of $10 million, meaning management must update the board before executing additional purchases. All repurchased shares will be canceled and returned to the status of authorized but unissued shares, or held as treasury stock. The timing, method, and quantity of the buybacks will be determined by management based on a comprehensive assessment of market conditions and other factors.