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DeFi Development Corp. (DFDV) announced it now holds 999,999 SOL and SOL equivalents on its balance sheet, valued at approximately $181 million.
The company purchased 141,383 SOL between July 14-20 at an average price of $133.53, representing approximately $19 million in total value. The acquisition included both spot purchases and discounted locked SOL.
The company’s total SOL position increased by 142,250 from its previous balance of 857,749. Approximately 867 SOL was earned through staking, validator revenue, and other onchain activities during the same period.
DeFi Development Corp. raised approximately $19.2 million in net proceeds through its Equity Line of Credit facility, issuing 740,000 shares of common stock. The company retains approximately $5 million in proceeds for future SOL purchases and has drawn 0.4% of the total available capacity under the facility, with approximately $4.98 billion remaining available.
As of July 18, 2025, the company had 19,445,837 total shares outstanding. The SOL per share metric reached 0.0514, representing a 13% increase week over week, with a USD value of $9.30 per share.
The company stakes substantially all of its unlocked SOL to its own validator infrastructure. The validators also receive third-party delegated stake from outside participants, creating additional revenue streams.
DeFi Development Corp. operates as an AI-powered online platform serving the commercial real estate industry, providing data and software subscriptions to multifamily and commercial property professionals. The company serves more than one million web users annually and works with thousands of lenders, including more than 10% of banks in America.