Solana treasury firm DeFi Development Corp reports 108% yearly growth in SOL per share
The Block
DeFi Development Corp achieved a 108% increase in SOL per share over the past year despite reporting significant net losses for Q1 2026.Summary
DeFi Development Corp (DFDV) announced a 108% annual growth in SOL per share, reaching 0.0670 tokens as of May 13, 2026. The company attributes this performance to unique treasury strategies, including internal staking through an acquired validator business, partnerships with Bonk, and onchain DeFi deployments. Despite this growth, the firm reported an $83.4 million net loss for Q1 2026, largely due to a 48% decline in the price of Solana over the past year. Additionally, the company successfully retired $4.4 million of convertible debt at a 41% discount.
(Source：The Block)