DeFi Development Corp. Purchases 17,760 SOL, Resumes SOL Accumulation Strategy

Rhea-AI Summary

DeFi Development Corp. (Nasdaq: DFDV) has announced the purchase of 17,760 Solana (SOL) at an average price of $153.10, representing a total investment of approximately $2.72 million.

Following this transaction, the company's total SOL holdings have reached 640,585 SOL and SOL equivalents, valued at approximately $98.1 million including staking rewards. With 14,740,779 shares outstanding, this translates to 0.042 SOL per share (SPS), equivalent to $6.65 per share. The newly acquired SOL will be staked across various validators, including the company's own Solana validators, to generate yield.

Positive

• Increased SOL holdings by 17,760 tokens worth $2.72 million
• Total SOL position valued at $98.1 million
• Implementation of yield generation through staking strategy
• Maintains strong SOL per share ratio of 0.042 ($6.65)

Negative

• Significant exposure to SOL price volatility
• Large concentration of assets in a single cryptocurrency

BOCA RATON, FL, July 03, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), announced today the purchase of 17,760 Solana (“SOL”) at an average purchase price of $153.10 and valued at approximately $2.72 million. Following the transaction, DeFi Development Corp. now holds a total of approximately 640,585 SOL and SOL equivalents, valued at approximately $98.1 million, inclusive of staking rewards.

Below is a summary of DeFi Dev Corp’s current SOL position and key per-share metrics as of July 3, 2025:

• Total SOL & SOL Equivalents Held: 640,585
• Total SOL & SOL Equivalents Held (USD): approximately $98.1 million
• Total Shares Outstanding: 14,740,779
• SOL per Share (“SPS”): 0.042
• SPS (USD): $6.65

The total shares outstanding is as of our last public filing on June 24, 2025. The most recently purchased SOL will be held long-term and staked to a variety of validators, including DeFi Dev Corp.’s own Solana validators to generate native yield.

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 is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

The Company is 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 the Company connects the increasingly complex ecosystem that stakeholders have to manage.

The Company currently serves 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 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. The Company’s data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

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

How many Solana (SOL) tokens did DeFi Development Corp (DFDV) purchase in July 2025?

DeFi Development Corp purchased 17,760 SOL at an average price of $153.10, totaling approximately $2.72 million.

What is DeFi Development Corp's (DFDV) total Solana holdings as of July 2025?

DFDV holds 640,585 SOL and SOL equivalents, valued at approximately $98.1 million, including staking rewards.

What is DFDV's Solana per share (SPS) ratio?

DFDV's SOL per Share (SPS) is 0.042, equivalent to $6.65 in USD based on current prices.

How does DeFi Development Corp generate yield from its Solana holdings?

DFDV stakes its SOL holdings across various validators, including its own Solana validators, to generate native yield.

How many shares of DeFi Development Corp (DFDV) are outstanding?

As of June 24, 2025, DFDV has 14,740,779 shares outstanding.