DeFi Development Corp.

DeFi Development Corp. (DFDV) announced its reincorporation from the State of Delaware to the State of Nevada, effective June 26, 2026. This change means the company's internal affairs are now governed by Nevada law and its new corporate documents. The reincorporation did not result in any changes to its headquarters, business, management, assets, liabilities, or material contracts. All outstanding shares and equity rights automatically converted to the Nevada corporation's equivalent, and the stock continues to trade on Nasdaq under "DFDV."

DeFi Development Corp. announced the resignation of Parker White, its Chief Operating Officer and Chief Investment Officer, effective June 8, 2026. The company entered into a separation agreement with Mr. White, which includes cash payments totaling $250,000 over the next twelve months and the acceleration of vesting for 213,272 outstanding unvested options. Additionally, Mr. White will provide ongoing consulting services for $8,333 per month to assist with the transition of operations.

DeFi Development Corp. announced that executive Parker White will depart from his role, effective June 8, 2026. Mr. White will transition to a consultant role for a limited period to assist with the transfer of his responsibilities before focusing on Apyx, a decentralized financial project. CEO Joseph Onorati thanked White for his contributions and reaffirmed the company's commitment to its Solana treasury strategy and disciplined execution, emphasizing continuity with the existing management team.

DeFi Development Corp. (DFDV) announced the release of an updated investor presentation, now available on its website. The presentation covers key topics including the megatrends driving on-chain assets, the investment case for Solana as a leading Layer 1 blockchain, DFDV's strategy for compounding SOL per share, and its long-term outlook for Solana reaching $10,000. The company's core business involves a treasury strategy focused on accumulating and compounding Solana, providing investors with direct economic exposure to SOL, and actively participating in the Solana ecosystem through staking and validator operations.

DeFi Development Corp. announced the wind-down of its Real Estate Platform segment to reallocate resources towards its digital asset treasury strategy, focusing on the Solana ecosystem. This strategic shift comes alongside a significant increase in net loss for the first quarter of 2026, primarily driven by substantial losses on digital assets and derivative instruments. While revenue saw a notable increase, largely from the digital asset treasury, the company's overall financial health deteriorated, marked by a sharp decline in stockholders' equity.

DeFi Development Corp. (DFDV) announced it will host its April 2026 Business Recap & Ask Me Anything (AMA) event today, May 15, 2026, at 2:30 PM ET via X Spaces. The event aims to provide shareholders, analysts, and the broader community with a comprehensive review of the company's progress during April 2026. Discussions will include updates on treasury operations, capital markets activity, ecosystem partnerships, and broader developments within the Solana ecosystem, with leadership also answering live questions.

DeFi Development Corp. reported its Q1 2026 results, highlighting a 108% year-over-year increase in SOL per share (SPS) to 0.0670 as of May 13, 2026. The company repurchased approximately $4.4 million in principal of its July 2030 Convertible Notes for $2.6 million cash, achieving a 41% discount. DFDV reaffirmed its June 2026 SPS guidance of 0.075 and detailed its "culture of experimentation" with initiatives like validator operations and onchain treasury deployment contributing to SPS growth.

DeFi Development Corp. released its Q1 2026 Shareholder Letter and Business Update, reporting a significant increase in SOL per share (SPS) and a strategic debt repurchase. The company's SPS rose 108% year-over-year to 0.0670 as of May 13, 2026. DeFi Dev Corp. also repurchased approximately $4.4 million in principal of July 2030 Convertible Notes for $2.6 million, achieving a 41% discount. The company reaffirmed its June 2026 guidance of 0.075 SPS and its long-term target of 1.0 SPS by December 2028.

DeFi Development Corp. announced that its Chief Strategy Officer, Daniel Kang, will be speaking at the 21st Annual Needham Technology, Media, & Consumer Conference on May 12, 2026. A live webcast and replay of the session will be available on the Company's Investor Relations website. The Company's core strategy involves accumulating and compounding Solana (SOL) in its treasury, operating validator infrastructure, and engaging in DeFi opportunities. Additionally, it operates an AI-powered online platform for the commercial real estate industry.

DeFi Development Corp. announced a $200 million at-the-market equity program to raise capital. The proceeds from this program will be used to acquire Solana (SOL), fund working capital, and support strategic initiatives. The company emphasized that stock will only be issued when it is accretive to shareholders on a Fully Converted SOL-per-share basis, aligning with its core strategy of accumulating SOL for investors. Additionally, the company operates a validator infrastructure for staking rewards and an AI-powered platform for commercial real estate.