| Annual · values | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating Cash Flow | -17.97 M USD | -2.42 M USD | -1.57 M USD | -1.02 M USD |
| Depreciation & Amortization | 1.04 M USD | 223982 USD | 912 USD | 0 USD |
| Stock-Based Compensation | 1.67 M USD | 295488 USD | 944383 USD | 529929 USD |
| Capital Expenditures | 2000 USD | 19809 USD | 29049 USD | 0 USD |
| Cash Flow from Investing | -221.54 M USD | -22309 USD | -89049 USD | 0 USD |
| Cash Flow from Financing | 242.91 M USD | -117539 USD | 5.75 M USD | 297523 USD |
| Dividends Paid | — | — | — | — |
| Stock Buybacks | 11.52 M USD | 5243 USD | — | — |
| Free Cash Flow | -17.97 M USD | -2.44 M USD | -1.60 M USD | -1.02 M USD |
DeFi Development Corp. is a U.S.-based asset management company operating as the first public Digital Asset Treasury focused on accumulating Solana (SOL), a high-performance blockchain platform. It builds its corporate treasury around SOL holdings, providing shareholders with direct exposure to SOL price movements and staking rewards through its role as a proxy for the Solana ecosystem. The company runs its own validator infrastructure on the Solana network, enabling active participation in network security and expansion while generating potential yields from staking activities. Classified in the financial services sector and asset management industry, DeFi Development Corp. emphasizes decentralized finance infrastructure, pioneering blockchain solutions for efficient digital asset management. Investors can track key metrics like SOL Per Share to monitor treasury performance. Headquartered in the United States, the firm positions itself at the intersection of traditional equity markets and blockchain technology, offering a unique vehicle for Solana ecosystem engagement.