DeFi Development has been actively accumulating Solana, holding over 2 million tokens worth approximately $452 million as of September 2025, and staking them across multiple validators to generate yield.

Since April 2025, DeFi Development has raised $42 million to fund its Solana-focused strategy, reinforcing its position as a leading institutional holder of Solana assets.

The company’s recent capital-raising efforts include plans to raise an additional $100 million through convertible notes due in 2030, partly to fund Solana acquisitions and stock buybacks.

DeFi Development's board approved an increase in its stock repurchase program from $1 million to up to $100 million, leveraging recent capital raises to support its share price.

This move to buy back more stock signals confidence in Solana and a strategic effort to bolster its share price amid broader market conditions.

DeFi Development experienced a stock surge of over 2,100 percent in 2025, driven by strategic initiatives including the share buyback program and increased Solana ecosystem engagement.

All shares repurchased will either be retired or held as treasury stock, with buyback timing and amount depending on market conditions, and the program remains flexible.

The company established a $5 billion equity line of credit to support future Solana purchases, launched digital identity domains on Solana, and formed a partnership with the BONK meme coin, expanding its international presence.

DeFi Development also signed a letter of intent to establish DeFi Development Korea, aiming to deploy between $5 million and $75 million into global Solana digital asset treasuries.

Institutional adoption of Solana continues to grow, with treasury holdings reaching over 13 million SOL, valued at approximately $2.86 billion, including significant moves by companies like Fitell Corporation, Brera Holdings, and Forward Industries.

Fitell Corporation secured a $100 million credit line to launch a Solana treasury strategy, becoming the first Nasdaq-listed Australian company to do so, while others increase their Solana holdings and explore blockchain tokenization.

Leadership emphasizes Solana-per-share growth as a key metric for buyback decisions and SOL accumulation, focusing on long-term value creation within the blockchain ecosystem.

The company's forward-looking statements highlight potential risks such as SOL market volatility, regulatory changes, and economic conditions, noting that actual results may differ from projections.