DeFi Development grows treasury to $1.18M SOL

DeFi Development (DFDV) announced it now holds approximately 1,182,685 SOL and SOL equivalents on its balance sheet, inclusive of rewards generated through staking and onchain activities. The increase follows the Company’s purchase of 181,303 SOL between July 21 – July 28, at an average purchase price of $155.33, representing a total value of approximately $28 million. The purchases, primarily funded through proceeds from the Company’s Equity Line of Credit, included both spot and discounted locked SOL. As a result, the Company’s key performance metric, SOL per share, rose 12% week over week to 0.0575 as of July 28, 2025 – marking the second consecutive week of double-digit SPS growth.