DeFi Development Corp. Adds $11.2M in Solana to Treasury
DeFi Development Corp. (NASDAQ: DFDV), formerly Janover Inc., has expanded its Solana holdings by purchasing 82,404.50 SOL tokens worth $11.2M. The company's total SOL position now stands at 400,091 tokens valued at $58.5 million, including staking rewards. With 2,001,887 shares outstanding, this translates to 0.199 SOL per share (SPS), equivalent to $29.24 per share.
The acquisition includes locked SOL tokens obtained through BitGo's OTC desk, which will be held long-term and staked for yield generation. These locked tokens, subject to time-based unlock schedules, come from various sources including vesting schedules, bankruptcies, and venture allocations.
DeFi Development Corp. (NASDAQ: DFDV), precedentemente nota come Janover Inc., ha ampliato le sue partecipazioni in Solana acquistando 82.404,50 token SOL per un valore di 11,2 milioni di dollari. La posizione totale in SOL dell'azienda è ora di 400.091 token del valore di 58,5 milioni di dollari, inclusi i premi da staking. Con 2.001.887 azioni in circolazione, ciò equivale a 0,199 SOL per azione (SPS), pari a 29,24 dollari per azione.
L'acquisizione comprende token SOL bloccati ottenuti tramite il desk OTC di BitGo, che saranno detenuti a lungo termine e messi in staking per generare rendimenti. Questi token bloccati, soggetti a sblocchi temporizzati, provengono da diverse fonti, tra cui piani di vesting, fallimenti e allocazioni di venture.
DeFi Development Corp. (NASDAQ: DFDV), anteriormente Janover Inc., ha ampliado sus participaciones en Solana al comprar 82,404.50 tokens SOL por un valor de 11.2 millones de dólares. La posición total de SOL de la empresa ahora es de 400,091 tokens valorados en 58.5 millones de dólares, incluyendo las recompensas por staking. Con 2,001,887 acciones en circulación, esto se traduce en 0.199 SOL por acción (SPS), equivalente a 29.24 dólares por acción.
La adquisición incluye tokens SOL bloqueados obtenidos a través del escritorio OTC de BitGo, que se mantendrán a largo plazo y se apostarán para generar rendimiento. Estos tokens bloqueados, sujetos a cronogramas de desbloqueo basados en el tiempo, provienen de diversas fuentes, incluyendo planes de vesting, bancarrotas y asignaciones de capital de riesgo.
DeFi Development Corp. (NASDAQ: DFDV), 이전 명칭 Janover Inc.,는 1,120만 달러 상당의 82,404.50 SOL 토큰을 추가로 매입하여 솔라나 보유량을 확대했습니다. 회사의 총 SOL 보유량은 현재 스테이킹 보상을 포함해 400,091 토큰, 5,850만 달러 상당입니다. 총 2,001,887주가 발행된 상태로, 이는 주당 0.199 SOL (SPS), 즉 주당 29.24달러에 해당합니다.
이번 매입에는 BitGo의 OTC 데스크를 통해 확보한 잠금 SOL 토큰도 포함되어 있으며, 이는 장기 보유 후 스테이킹하여 수익을 창출할 예정입니다. 이 잠금 토큰들은 시간 기반 해제 일정에 따라 해제되며, 베스팅 일정, 파산, 벤처 할당 등 다양한 출처에서 나왔습니다.
DeFi Development Corp. (NASDAQ : DFDV), anciennement Janover Inc., a augmenté ses avoirs en Solana en achetant 82 404,50 tokens SOL pour une valeur de 11,2 millions de dollars. La position totale en SOL de la société s'élève désormais à 400 091 tokens évalués à 58,5 millions de dollars, y compris les récompenses de staking. Avec 2 001 887 actions en circulation, cela correspond à 0,199 SOL par action (SPS), soit 29,24 dollars par action.
L'acquisition comprend des tokens SOL bloqués obtenus via le desk OTC de BitGo, qui seront détenus à long terme et mis en staking pour générer des rendements. Ces tokens bloqués, soumis à des calendriers de déblocage temporels, proviennent de diverses sources, notamment des plans de vesting, des faillites et des allocations de capital-risque.
DeFi Development Corp. (NASDAQ: DFDV), ehemals Janover Inc., hat seine Solana-Bestände durch den Kauf von 82.404,50 SOL-Token im Wert von 11,2 Millionen US-Dollar erweitert. Die Gesamtposition des Unternehmens beträgt nun 400.091 Token im Wert von 58,5 Millionen US-Dollar, einschließlich der Staking-Belohnungen. Bei 2.001.887 ausstehenden Aktien entspricht dies 0,199 SOL pro Aktie (SPS), was einem Wert von 29,24 US-Dollar pro Aktie entspricht.
Der Erwerb umfasst gesperrte SOL-Token, die über den OTC-Schalter von BitGo erworben wurden und langfristig gehalten sowie zum Staking für Ertragsgenerierung eingesetzt werden. Diese gesperrten Token unterliegen zeitlich festgelegten Freigabeplänen und stammen aus verschiedenen Quellen, darunter Vesting-Pläne, Insolvenzen und Venture-Zuweisungen.
- None.
- Portion of newly acquired SOL is locked and subject to time-based restrictions
- High concentration in single cryptocurrency asset (Solana) increases risk exposure
BOCA RATON, FL, May 06, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (“DeFi Dev Corp” or the “Company”), or formally known as Janover Inc. (Nasdaq: JNVR), today announced the purchase of approximately 82,404.50 Solana (SOL) tokens. Following this transaction, DeFi Development Corporation now holds approximately 400,091 SOL, valued at
Below is a summary of DeFi Dev Corp’s current SOL position and key per-share metrics as of May 06, 2025:
- Total SOL Held: 400,091
- $ Value of SOL Held: approximately
$58.5 million - Total Shares Outstanding: 2,001,887
- SOL per Share (“SPS”): 0.199
- SPS (USD):
$29.24
A portion of the Solana acquired includes locked SOL sourced via BitGo’s OTC desk, which facilitates purchases from institutional sellers subject to time-based unlock schedules. Any tokens acquired through this program will be held long-term and staked to generate native yield.
Locked SOL refers to tokens held under contractual restrictions, typically from vesting schedules, bankruptcies, venture allocations, or project-specific lockups. These tokens cannot be transferred on-chain until their unlock period expires, but can still be bought and sold over-the-counter between qualified parties.
The Company will continue to provide suitable updates to our Treasury and underlying strategies, through public releases and regulatory filing(s), as available.
About DeFi Development Corp.
DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve on the balance sheet will be allocated to Solana (SOL). In adopting its new treasury policy, the Company intends to provide investors a way to access the Solana ecosystem. The Company’s treasury policy is expected to provide investors economic exposure to SOL investment.
We are an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions as well as value-add services to multifamily and commercial property professionals as we connect the increasingly complex ecosystem that stakeholders have to manage.
We currently serve more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders including more than
Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "believe," "project," "estimate," "expect," strategy," "future," "likely," "may,", "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company’s SOL are carried on its balance sheet; (ii) the effect of and uncertainties related the ongoing volatility in interest rates; (iii) our ability to achieve and maintain profitability in the future; (iv) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (v) changes in the accounting treatment relating to the Company’s SOL holdings; (vi) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (viii) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (ix) other risks and uncertainties more fully in the section captioned "Risk Factors" in the Company's most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
Investor Contact:
ir@defidevcorp.com
Media Contact:
Prosek Partners
pro-ddc@prosek.com
FAQ
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