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BOCA RATON - DeFi Development Corp. (NASDAQ:DFDV), currently valued at $401.69 million in market capitalization, announced Monday its first forward-looking guidance for SOL per Share (SPS), targeting 1.0 SPS by December 2028 and 0.1650 SPS by June 2026.
The company, which describes itself as the first U.S. public company with a treasury strategy focused on accumulating Solana (SOL), aims to achieve approximately 261% growth from its current level of 0.0457 SPS over the next year. According to InvestingPro data, DFDV has already demonstrated strong momentum with a remarkable YTD return of over 3,800%.
As part of its accumulation strategy, DFDV reported purchasing an additional 10,758 SOL at an average price of $161.30.
DFDV’s business model involves holding and staking SOL while operating validator infrastructure to generate staking rewards and fees from delegated stake. The company states it is also exploring decentralized finance opportunities on the Solana ecosystem. InvestingPro analysis indicates the company maintains healthy liquidity with a current ratio of 2.89, though it’s currently not profitable with negative EBITDA of $2.65 million in the last twelve months.
Beyond its cryptocurrency focus, the company operates an AI-powered platform connecting commercial real estate industry professionals through data and software subscriptions. According to the company, it serves more than one million web users annually, including property owners, developers, and various lending institutions. Financial data reveals impressive efficiency metrics, with a gross profit margin of 98.47% and annual revenue of $1.98 million.
The forward-looking statements regarding SOL per Share targets are subject to various risk factors, including potential fluctuations in SOL market price, the company’s ability to earn staking rewards, and access to capital for financing SOL acquisitions. InvestingPro identifies high price volatility as a key characteristic of DFDV stock, with analysts anticipating continued unprofitability this year. The company’s next earnings report is scheduled for August 19, 2025.
This information is based on a press release statement issued by the company.
In other recent news, DeFi Development Corp. has made significant strides in expanding its Solana holdings, purchasing 47,272 Solana tokens valued at approximately $7.03 million. This acquisition marks a 64.1% increase from its previous holdings, bringing the company’s total to about 690,420 Solana tokens, which are valued at approximately $102.7 million, including staking rewards. These newly acquired tokens will be held long-term and staked to various validators to generate yield, consistent with the company’s strategy of accumulating and compounding Solana. Additionally, DeFi Development Corp. has integrated DoubleZero into its Solana validator operations. This integration aims to enhance validator performance and network resilience by utilizing DoubleZero’s specialized fiber network, which offers improved transaction routing and reduced latency. Furthermore, the company has signed a non-binding Letter of Intent with Switchboard Technology Labs to explore collaboration on building data and oracle infrastructure for real-world asset initiatives on the Solana blockchain. This partnership seeks to develop custom oracle feeds and integrate Switchboard’s infrastructure into DeFi Development Corp.’s framework.
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