DeFi Development Corp. Reports Strong Q3 2026 Results; NAV per Share More Than Quadruples and SOL per Share Grows Over 20%

BOCA RATON, FL, Nov. 12, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company” or “DeFi Dev Corp.”), the first U.S. public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced its unaudited financial results for the third quarter ended September 30, 2026, and released its quarterly shareholder letter.

Shareholder Letter Highlights * SOL per share (“SPS”) increased more than 20% from August 12 through September 30. 2026. * Net asset value (“NAV”) per share more than quadrupled over the same period, increasing over 300% from August 12 through September 30, 2026. * Total SOL and SOL equivalents increased to 2,549,137 at September 30, up approximately 10% from the August 12 earnings update. * SOL-denominated borrowings declined approximately 13%, from 562,000 SOL on August 12 to 487,000 SOL on September 30. * Cash, cash equivalents, stablecoins, and marketable securities more than doubled from June 30 to September 30, strengthening the Company’s flexibility to fund operations and pursue treasury growth. * Launched CHAD (Nasdaq: CHAD), establishing a perpetual source of capital intended to grow SOL holdings without issuing common shares, with no stated maturity or scheduled principal repayment. Recent Developments * CHAD first closed at its $10 stated amount (“par”) just 48 calendar days after its trading debut, faster than either Strive’s SATA or Strategy’s STRC, measured from trading debut to the first closing price at or above par. * CHAD’s annual dividend rate increased to 14%, effective November 2, with daily cash dividends when declared. The Company is focused on broadening CHAD’s investor base, deepening liquidity, and scaling issuance on attractive terms. * Total SOL and SOL equivalents reached 2,609,829 as of November 9, up approximately 13% from August 12, following nine consecutive weeks of SOL purchases. Read the Shareholder Letter The full Q3 2026 Shareholder Letter, including financial results, treasury strategy, CHAD credit metrics, and calculation methodologies, is available at: https://defidevcorp.com/earnings.