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DeFi Development's SOL per share rose 108% despite $83.4M Q1 loss amid Solana-focused strategy.

Protocol Fundamentals
14 May 2026
Crypto news
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Neutral
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DeFi Development Corp. reported a 108% increase in fully converted SOL per share over the past year, reaching 0.0670 by May 13. Despite this growth, the company posted a significant $83.4 million net loss in Q1 2026, driven by lower SOL prices impacting its holdings. The firm continues to focus on its Solana treasury model, validator operations, and partnerships, aiming to grow its SOL per share to 0.075 by June 2026 and 1.0 by December 2028. Its strategy includes deploying over 25% of its treasury across protocols and achieving higher yields from validator operations compared to standard staking options.

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