DeFi Development Expands Solana Holdings to $48.2M, Reports 40% Growth

DeFi Growth (NASDAQ: JNVR) has introduced the acquisition of 65,305 Solana (SOL) tokens, increasing its whole SOL holdings to 317,273 tokens, valued at roughly $48.2 million together with staking rewards.

The corporate’s key metrics as of April 23, 2025, present roughly 1.5M whole shares excellent, with a SOL per Share (SPS) of 0.22, valued at $32.88 per share. This represents a 40% SPS progress in comparison with their earlier buy.

A part of the acquisition consists of locked SOL tokens bought by BitGo’s OTC desk at below-market costs. These tokens are topic to time-based unlock schedules and will probably be staked to generate native yield whereas underneath contractual restrictions.

Constructive

- Acquired 65,305 SOL tokens, rising whole holdings to 317,273 SOL ($48.2M)

- 40% progress in SOL per Share (SPS) from earlier buy

- Strategic acquisition of discounted SOL tokens beneath market costs

- Extra income era by staking rewards

Damaging

- Important publicity to SOL value volatility

- Locked tokens topic to time-based restrictions limiting liquidity

- Heavy focus of belongings in a single cryptocurrency

Insights

JNVR provides $9.9M in Solana to treasury, now holding $48.2M in SOL representing 44% of market cap with discounted acquisition technique.

DeFi Growth ‘s newest $9.9 million Solana acquisition represents a big treasury allocation technique that warrants cautious examination. The corporate now holds 317,273 SOL tokens valued at roughly $48.2 million, constituting almost 44% of its $109 million market capitalization. This substantial crypto place transforms JNVR’s funding profile right into a leveraged Solana proxy with extra yield-generating capabilities.

The reported 40% progress in SOL-per-share (SPS) metric demonstrates an aggressive accumulation technique. Every JNVR share now successfully represents possession of 0.22 SOL valued at $32.88 per share. With roughly 1.5 million shares excellent, this creates a big underlying crypto asset base.

The corporate’s strategic acquisition of locked SOL by BitGo’s OTC desk reveals a classy method to asset accumulation. By accepting time-based unlock restrictions in alternate for below-market pricing, JNVR optimizes entry value whereas concurrently producing staking yield throughout the lockup interval – successfully double-dipping on worth creation. This structured acquisition demonstrates monetary engineering that probably enhances shareholder returns past merely holding the tokens outright.

Nonetheless, this focus in a single unstable asset class introduces substantial stability sheet publicity to crypto market fluctuations, making a risk-reward profile extra aligned with crypto funding autos than conventional companies. Whereas discounted acquisition and yield era create clear worth, traders ought to acknowledge JNVR has positioned itself as a Solana ecosystem participant with monetary traits more and more tied to SOL’s efficiency.

JNVR leverages OTC markets for discounted Solana acquisition, using refined staking technique whereas deepening ecosystem alignment.

DeFi Growth ‘s newest Solana acquisition reveals an institutional-grade crypto treasury technique that few public firms have applied. By tapping into BitGo’s OTC desk for locked SOL tokens, JNVR has executed a play sometimes reserved for crypto-native funding companies and DAOs. Locked tokens – these with contractual switch restrictions from vesting schedules or mission allocations – sometimes commerce at important reductions to identify costs, creating arbitrage alternatives for affected person capital.

The corporate’s choice to stake these tokens demonstrates technical sophistication past primary treasury administration. Solana’s proof-of-stake consensus mechanism rewards validators and delegators with roughly 5-7% annual yield, permitting JNVR to generate passive earnings from in any other case motionless belongings throughout their unlock interval. This successfully reduces their value foundation over time whereas supporting community safety.

JNVR’s accumulation has reached 317,273 SOL – making them a cloth token holder inside the ecosystem. This place possible supplies each formal and casual governance affect because the Solana community continues evolving its governance constructions. The token accumulation technique paired with staking suggests JNVR is positioning as greater than a speculative holder – they’re turning into an aligned ecosystem participant.

The OTC acquisition method reveals market sophistication in navigating crypto’s institutional panorama. Fairly than executing giant market orders that may create slippage and telegraph their technique, JNVR has quietly collected important positions by non-public markets, minimizing value influence whereas optimizing entry factors. This methodical method aligns with refined crypto-native funds moderately than typical company treasury operations, suggesting deep ecosystem connections and market intelligence.

04/23/2025 – 02:00 PM

BOCA RATON, FL, April 23, 2025 (GLOBE NEWSWIRE) — DeFi Growth Company (Nasdaq: JNVR) (the “Firm”) immediately 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:

Whole SOL Held: 317,273
$ Worth of SOL Held: roughly $48.2 million
Whole 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 by way of BitGo’s OTC desk, which facilitates purchases from institutional sellers topic to time-based unlock schedules. Any tokens acquired by this program will probably be held on a long-term foundation and staked to generate native yield.

Locked SOL refers to tokens held underneath contractual restrictions, sometimes 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 bought over-the-counter between certified events.

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

Additional updates will probably 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 stability sheet will probably be allotted to Solana (SOL). In adopting its new treasury coverage, the Firm intends to offer traders a solution to entry the Solana ecosystem. The Firm’s treasury coverage is anticipated to offer 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 companies to multifamily and industrial property professionals as we join the more and more advanced ecosystem that stakeholders need to handle.

We presently serve multiple million internet customers yearly, together with multifamily and industrial property homeowners and builders making use of for billions of {dollars} of debt financing per 12 months, skilled service suppliers, and 1000’s 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 typically provided on a subscription foundation as software program as a service (“SaaS”).

Ahead-Trying Statements

This launch comprises “forward-looking statements” inside the which means of the secure harbor provisions of the U.S. Non-public Securities Litigation Reform Act of 1995. Ahead-looking statements might be recognized by phrases corresponding to: “anticipate,” “intend,” “plan,” “consider,” “mission,” “estimate,” “anticipate,” technique,” “future,” “possible,” “could,”, “ought to,” “will” and comparable references to future intervals. Ahead-looking statements are neither historic info nor assurances of future efficiency. As an alternative, they’re based mostly solely on our present beliefs, expectations and assumptions relating to the way forward for our enterprise, future plans and techniques, projections, anticipated occasions and developments, the financial system and different future circumstances. As a result of forward-looking statements relate to the long run, they’re topic to inherent uncertainties, dangers and modifications in circumstances which can be tough to foretell and plenty of of that are outdoors of our management. Our precise outcomes and monetary situation could differ materially from these indicated within the forward-looking statements. Due to this fact, you shouldn’t depend on any of those forward-looking statements. Essential components that might 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 out there value of SOL and any related impairment prices that the Firm could incur because of a lower out there value of SOL beneath the worth at which the Firm’s SOL are carried on its stability sheet; (ii) the impact of and uncertainties associated the continuing volatility in rates of interest; (iii) our capability to attain and keep profitability sooner or later; (iv) the influence on our enterprise of the regulatory setting and complexities with compliance associated to such setting 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 reply to basic financial circumstances; (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 “Threat Elements” within the Firm’s most up-to-date Annual Report on Kind 10-Okay and different studies we file with the SEC. On account of these issues, modifications in info, assumptions not being realized or different circumstances, the Firm’s precise outcomes could 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 obligation to replace such info besides as required underneath relevant regulation.