DeFi Development Corp. Updates SOL Per Share Guidance
DeFi Development Corp. (Nasdaq: DFDV), a publicly traded company focused on accumulating Solana, provided an update to its Solana per Share (SPS) guidance. The company is the first in the U.S. with a public treasury strategy centered on acquiring and compounding SOL.
- The updated guidance lowers the company's Solana per Share (SPS) target for June 2026 to 0.085 from a previous 0.1650, though it maintains its long-term objective of 1.0 SPS by December 2028. - The company was formed after a team of former Kraken executives, led by CEO Joseph Onorati, acquired a majority stake in a real estate financing company called Janover Inc. in April 2025 and pivoted its strategy. - In 2025, the company's stock delivered an 853% return, making it the top-performing crypto stock of the year, having raised approximately $378 million to fund its SOL accumulation. - As of October 2025, DeFi Development Corp. held over 2.19 million SOL, valued at that time at approximately $402 million. - The company's strategy involves more than holding; it also operates its own validator infrastructure to earn staking rewards and has launched a liquid staking token called dfdvSOL. - Beyond its crypto treasury, the firm continues to operate an AI-powered online platform for the commercial real estate sector that provides data and software subscriptions. - To bolster its crypto expertise, the company recently appointed Hadley Stern, formerly of Marinade Finance and Fidelity's digital asset division, as the Non-Executive Chair of its UK board.
