DeFi Development reports 108% SOL growth despite Q1 loss

cryptonews05-14

DeFi Development Corp. said its fully converted SOL per share rose 108% over the past year, reaching 0.0670 on May 13. Summary DFDV reported 108% yearly SOL-per-share growth, lifting fully ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2635674117?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-14 13:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2635674117","market":"us","top_or_hot":-1,"title":"DeFi Development reports 108% SOL growth despite Q1 loss","media":"cryptonews","content":"<div>\n<p>DeFi Development Corp. said its fully converted SOL per share rose 108% over the past year, reaching 0.0670 on May 13. \n\n\nSummary\n\n\n\nDFDV reported 108% yearly SOL-per-share growth, lifting fully ...</p>\n\n<a href=\"https://crypto.news/defi-development-reports-108-sol-growth-despite-q1-loss/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DeFi Development reports 108% SOL growth despite Q1 loss</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDeFi Development reports 108% SOL growth despite Q1 loss\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-14 13:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/defi-development-reports-108-sol-growth-despite-q1-loss/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DeFi Development Corp. said its fully converted SOL per share rose 108% over the past year, reaching 0.0670 on May 13. \n\n\nSummary\n\n\n\nDFDV reported 108% yearly SOL-per-share growth, lifting fully ...</p>\n\n<a href=\"https://crypto.news/defi-development-reports-108-sol-growth-despite-q1-loss/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOLZ","symbol_name":"Solana ETF","start_time":0,"source_url":"https://crypto.news/defi-development-reports-108-sol-growth-despite-q1-loss/","article_id":"2635674117","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/defi-development-reports-108-sol-growth-despite-q1-loss/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2635674117","pubTimestamp":1778738300,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"DeFi Development Corp. said its fully converted SOL per share rose 108% over the past year, reaching 0.0670 on May 13.DFDV reported 108% yearly SOL-per-share growth, lifting fully converted SPS to 0.0670 by May 13.The company posted an $83.4 million Q1 loss as lower SOL prices weighed on holdings.Validator operations, Bonk partnerships and onchain treasury deployment remain central to DFDV’s wider Solana strategy.The figure was up from 0.0322 one year earlier and 0.0665 on March 30. The company also reported 2,294,576 SOL and SOL equivalents, with about 34.2 million fully converted shares outstanding.The update came with a much wider quarterly loss. DeFi Development reported total revenue of $2.66 million in Q1 2026, up from $287,000 in Q1 2025. Digital asset treasury revenue reached $2.40 million during the quarter.Related reports from crypto.news show that DeFi Development has been building this model for months. In September, the firm bought 196,141 SOL for about $40 million, pushin","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOLZ":"Solana ETF","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF","DFDVW":"DeFi Development","TMF":"3倍做多20年期以上国债ETF-Direxion","BSOL":"Bitwise Solana Staking ETF","TLT":"20+年以上美国国债ETF-iShares","GSOL":"Grayscale Solana Trust ETF","SSK":"Rex-Osprey SOL + Staking ETF","SOLX":"T-REX 2X Long SOL Daily Target ETF","SLON":"ProShares Ultra Solana ETF"},"translate_title":"尽管第一季度亏损，DeFi Development报告SOL增长108%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GSOL":1.5,"US30Y.BOND":0.9,"US2Y.BOND":0.9,"SOLZ":0.9,"US3Y.BOND":0.9,"TLTW":0.6,"SSK":1.5,"US10Y.BOND":0.9,"TLT":0.6,"US5Y.BOND":0.9,"BSOL":1.5,"US12M.BOND":0.9,"DFDVW":1.5,"TMF":0.6,"SOLX":1.5,"US7Y.BOND":0.9,"US6M.BOND":0.9,"SLON":1.5},"content_text":"DeFi Development Corp. said its fully converted SOL per share rose 108% over the past year, reaching 0.0670 on May 13. \n\n\nSummary\n\n\n\nDFDV reported 108% yearly SOL-per-share growth, lifting fully converted SPS to 0.0670 by May 13.\nThe company posted an $83.4 million Q1 loss as lower SOL prices weighed on holdings.\nValidator operations, Bonk partnerships and onchain treasury deployment remain central to DFDV’s wider Solana strategy.\n\n\n\nThe figure was up from 0.0322 one year earlier and 0.0665 on March 30. The company also reported 2,294,576 SOL and SOL equivalents, with about 34.2 million fully converted shares outstanding.\nThe Nasdaq-listed firm said it remains focused on building a Solana treasury model. It also repurchased about $4.4 million in July 2030 convertible notes for about $2.6 million in cash. That marked a 41% discount to par. DeFi Development reaffirmed June 2026 guidance of 0.075 SPS and kept its December 2028 target of 1.0 SPS unchanged.\nLosses widen as revenue rises\nThe update came with a much wider quarterly loss. DeFi Development reported total revenue of $2.66 million in Q1 2026, up from $287,000 in Q1 2025. Digital asset treasury revenue reached $2.40 million during the quarter.\nNet loss was $83.4 million, compared with a $778,000 loss in the same period last year. The company also reported diluted EPS of negative $3.18, compared with negative $0.08 a year earlier. The update used SOL at $90.93 and DFDV shares at $4.65 for its May 13 mNAV table.\nMoreover, chief executive Joseph Onorati framed the strategy as different from Bitcoin treasury firms. He said the “MSTR playbook is a starting point, not a ceiling,” and added that “SOL is a different asset than BTC.”\nThe company said validator operations, validator partnerships, onchain treasury use and its Treasury Accelerator program helped drive SPS growth. It said its validators produce about 7.5% yield, compared with about 3.9% from staking SOL on Coinbase. It also said more than 25% of its treasury was deployed across protocols.\nWider treasury race\nRelated reports from crypto.news show that DeFi Development has been building this model for months. In September, the firm bought 196,141 SOL for about $40 million, pushing its holdings above 2 million SOL. At the time, corporate Solana holdings across tracked companies stood near 8.28 million SOL.\nCrypto.news also reported that the firm bought another 86,307 SOL in October, lifting holdings to 2,195,926 SOL and SOL equivalents. Earlier reports also noted its work with Kraken and Backed to bring DFDV stock onchain through xStocks.\n\n\n\n\n\n                Read more:\n            \n\n                Kevin Warsh confirmed as Fed chair before crypto bill test","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2635674117","isCrawlerRequest":true}