DeFi Development Corporation Adds $9.9M in Solana to

BOCA RATON, FL, April 23, 2025 (GLOBE NEWSWIRE) — DeFi Growth Company (Nasdaq: JNVR) (the “Firm”) as we speak introduced the acquisition of roughly 65,305 Solana (SOL) tokens. Following this transaction, DeFi Growth Company now holds roughly 317,273 SOL, valued at $48.2 million, together with staking rewards.

Under is a abstract of DeFi Growth Company’s present SOL place and key per-share metrics as of April 23, 2025:

Complete SOL Held: 317,273
$ Worth of SOL Held: roughly $48.2 million
Complete Shares Excellent: Roughly 1.5M
SOL per Share (“SPS”): 0.22, valued at $32.88 per share
SOL/Share Progress (“SPS” Progress vs. final buy): 40%

A portion of the Solana acquired consists of locked SOL sourced through BitGo’s OTC desk, which facilitates purchases from institutional sellers topic to time-based unlock schedules. Any tokens acquired by this program shall be held on a long-term foundation and staked to generate native yield.

Locked SOL refers to tokens held underneath contractual restrictions, usually from vesting schedules, bankruptcies, enterprise allocations, or project-specific lockups. These tokens can’t be transferred on-chain till their unlock interval expires, however can nonetheless be purchased and offered over-the-counter between certified events.

“It is a clear instance of the strategic execution we’ve constructed our treasury technique round,” stated Joseph Onorati, Chief Government Officer of DeFi Growth Company. “By getting access to locked discounted stock by a trusted accomplice like BitGo, we’re capable of accumulate a few of our SOL under market costs whereas deepening our alignment with the Solana ecosystem.”

Additional updates shall be included within the Firm’s upcoming regulatory filings.

About DeFi Growth Company

DeFi Growth Company (Nasdaq: JNVR) has adopted a treasury coverage underneath which the principal holding in its treasury reserve on the steadiness sheet shall be allotted to Solana (SOL). In adopting its new treasury coverage, the Firm intends to supply traders a technique to entry the Solana ecosystem. The Firm’s treasury coverage is anticipated to supply traders financial publicity to SOL funding.

We’re an AI-powered on-line platform that connects the industrial actual property trade by offering knowledge and software program subscriptions in addition to value-add providers to multifamily and industrial property professionals as we join the more and more advanced ecosystem that stakeholders need to handle.

We at the moment serve multiple million net customers yearly, together with multifamily and industrial property house owners and builders making use of for billions of {dollars} of debt financing per yr, skilled service suppliers, and hundreds of multifamily and industrial property lenders together with greater than 10% of the banks in America, credit score unions, actual property funding trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, industrial mortgage-backed securities (“CMBS”) lenders, Small Enterprise Administration (“SBA”) lenders, and extra. Our knowledge and software program choices are usually supplied on a subscription foundation as software program as a service (“SaaS”).

Ahead-Trying Statements

This launch accommodates “forward-looking statements” throughout the which means of the secure harbor provisions of the U.S. Personal Securities Litigation Reform Act of 1995. Ahead-looking statements will be recognized by phrases reminiscent of: “anticipate,” “intend,” “plan,” “imagine,” “mission,” “estimate,” “count on,” technique,” “future,” “probably,” “might,”, “ought to,” “will” and comparable references to future durations. Ahead-looking statements are neither historic information nor assurances of future efficiency. As an alternative, they’re primarily based solely on our present beliefs, expectations and assumptions relating to the way forward for our enterprise, future plans and techniques, projections, anticipated occasions and traits, the economic system and different future situations. As a result of forward-looking statements relate to the longer term, they’re topic to inherent uncertainties, dangers and modifications in circumstances which might be tough to foretell and lots of of that are exterior of our management. Our precise outcomes and monetary situation might differ materially from these indicated within the forward-looking statements. Subsequently, you shouldn’t depend on any of those forward-looking statements. Necessary elements that would trigger our precise outcomes and monetary situation to vary materially from these indicated within the forward-looking statements embrace, amongst others, the next: (i) fluctuations available in the market worth of SOL and any related impairment expenses that the Firm might incur because of a lower available in the market worth of SOL under the worth at which the Firm’s SOL are carried on its steadiness sheet; (ii) the impact of and uncertainties associated the continuing volatility in rates of interest; (iii) our capability to realize and keep profitability sooner or later; (iv) the influence on our enterprise of the regulatory atmosphere and complexities with compliance associated to such atmosphere together with modifications in securities legal guidelines or different legal guidelines or laws; (v) modifications within the accounting therapy regarding the Firm’s SOL holdings; (vi) our capability to answer normal financial situations; (vii) our capability to handle our progress successfully and our expectations relating to the event and enlargement of our enterprise; (viii) our capability to entry sources of capital, together with debt financing and different sources of capital to finance operations and progress and (ix) different dangers and uncertainties extra totally within the part captioned “Danger Elements” within the Firm’s most up-to-date Annual Report on Kind 10-Okay and different reviews we file with the SEC. On account of these issues, modifications in information, assumptions not being realized or different circumstances, the Firm’s precise outcomes might differ materially from the anticipated outcomes mentioned within the forward-looking statements contained on this press launch. Ahead-looking statements contained on this announcement are made as of this date, and the Firm undertakes no responsibility to replace such info besides as required underneath relevant regulation.