{"id":97094,"date":"2026-05-14T13:31:15","date_gmt":"2026-05-14T10:31:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=97094"},"modified":"2026-05-14T13:35:13","modified_gmt":"2026-05-14T10:35:13","slug":"dfdv-increases-solana-holdings-to-325-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/dfdv-increases-solana-holdings-to-325-million\/","title":{"rendered":"DFDV Increases Solana Holdings to $325 Million"},"content":{"rendered":"<p>The American firm DeFi Development Corp. (DFDV) <a href=\"https:\/\/www.globenewswire.com\/news-release\/2026\/05\/13\/3294454\/0\/en\/DeFi-Development-Corp-Reports-Q1-2026-Results-Repurchases-4-4M-of-Convertibles-at-41-Discount.html\">released<\/a> its first-quarter report. The amount of <a href=\"https:\/\/forklog.com\/en\/news\/what-is-solana-sol\">Solana<\/a> per share rose by 108% year-on-year to 0.067 SOL.<\/p>\n<p>As of May 13, the firm holds 2,294,576 SOL ($325 million). To accumulate assets, DFDV employs <a href=\"https:\/\/forklog.com\/en\/news\/what-is-staking-and-how-to-make-money-from-it\">staking<\/a>, its own validators, and allocates 25% of reserves in DeFi protocols.<\/p>\n<p>The company&#8217;s head, Joseph Onorati, stated that the firm&#8217;s strategy differs from Strategy&#8217;s approach. According to him, the Solana ecosystem provides tools unavailable to Bitcoin treasuries: native yield and protocol composability.<\/p>\n<p>Despite the growth in crypto reserves, the company recorded a net loss of $83.4 million. This is due to the 50% drop in Solana&#8217;s price over the year\u2014currently trading around $91. Meanwhile, the company&#8217;s revenue increased to $2.6 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-06d356847b7a4c61-4355836960336549.webp\" alt=\"SOLUSDT_2026-05-14_11-43-54\" class=\"wp-image-279963\"\/><figcaption class=\"wp-element-caption\">Hourly chart of SOL\/USDT on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3ASOLUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>DFDV also repurchased its convertible bonds maturing in 2030 for $4.4 million\u2014at a 41% discount for fiat.<\/p>\n<p>The management confirmed plans to reach 0.075 SOL per share by June. The long-term goal of 1 SOL per security by the end of 2028 remains unchanged.<\/p>\n<p>DFDV shares on the Nasdaq are trading at $4.65 (-3.12% for the day).<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-7524bdcdbdf547ef-4355860572745297.webp\" alt=\"Screenshot 2026-05-14 114615\" class=\"wp-image-279964\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.google.com\/finance\/beta\/quote\/DFDV:NASDAQ?sa=X&#038;ved=2ahUKEwiy_Yf9sbiUAxU-GFkFHSa4KYgQ3ecFKAR6BAgkEAU\">Google Finance<\/a>.<\/figcaption><\/figure>\n<p>CoinGecko tracks 20 organizations with a total holding of 18.4 million SOL (approximately $1.68 billion)\u2014accounting for 2.95% of the coin&#8217;s total market supply.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-99a3d83dbefca461-4355877611384276.webp\" alt=\"Screenshot 2026-05-14 120100\" class=\"wp-image-279965\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/en\/treasuries\/solana\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>The top five holders include Forward Industries, Upexi, Sharps Technology, and Solana Company.<\/p>\n<p>Earlier, on May 12, Upexi reported a net loss of $109.3 million for the third quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company DeFi Development Corp. released its first-quarter report. Solana per share rose by 108% year-on-year to 0.067 SOL.<\/p>\n","protected":false},"author":1,"featured_media":97095,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"DFDV reports Solana holdings increase to $325 million; net loss due to price drop.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1252,1795],"class_list":["post-97094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-reports","tag-solana-reserve"],"aioseo_notices":[],"amp_enabled":true,"views":"4","promo_type":"1","layout_type":"1","short_excerpt":"DFDV reports Solana holdings increase to $325 million; net loss due to price drop.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=97094"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97094\/revisions"}],"predecessor-version":[{"id":97096,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97094\/revisions\/97096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/97095"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=97094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=97094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=97094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}