DeFi Development Corp. (NASDAQ:DFDV) (the "Company") the first public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today 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 ("SPS"), rose 12% week over week to 0.0575 as of July 28, 2025 – marking the second consecutive week of double-digit SPS growth.

Below is a summary of DeFi Dev Corp.'s current SOL position and key per-share metrics as of July 28, 2025:

• Total SOL & SOL Equivalents Held: 1,182,685, representing a 182,686 increase vs. our previous balance of 999,999
• Total SOL & SOL Equivalents Held (USD): approximately $218 million
• Total Shares Outstanding as of July 28, 2025: 20,556,103
• SOL per Share ("SPS"): 0.0575, representing an approximate 12% increase week over week
• SPS (USD): $10.60

The newly acquired SOL will be held long-term and staked to a variety of validators, including DeFi Dev Corp.'s own Solana validators to generate native yield.