Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

DeFi Development's SOL Holdings Per Share Up 108% in 12 Months Despite $83.4M Q1 Loss

GateNews
solana news
SOL-4.79%
UP16.9%
IN-3.71%

According to The Block, DeFi Development Corp, Solana’s treasury company, reported on May 14 that its SOL holdings per share grew 108% over the past year to 0.067 SOL as of May 13, while Q1 net losses expanded to $83.4 million. The company holds approximately 2.2946 million SOL and equivalent assets. Despite the loss, Q1 revenues surged 827% year-over-year to $2.66 million. CEO Joseph Onorati attributed the growth to internal staking, collaborative validator node operations with Bonk, and deploying over 25% of treasury on-chain. The company targets 0.075 SOL per share by June 2026 and 1.0 SOL per share by December 2028.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

1h ago
Solana Spot ETFs See $5.97M Net Inflows Yesterday, GSOL Leads With $4.89M
14h ago
Solana's DEX Trading Volume Ratio to Ethereum Narrows to 94%, Lowest in 12 Months
14h ago
Solana P-Token Upgrade Goes Live on Mainnet, Delivering Up to 20x Trading Efficiency Gains
17h ago
Circle Mints Approximately 500M USDC on Solana in 24 Hours
21h ago
Solana Treasury Company Upexi Reports $109M Net Loss in Q3, Posts 250M SOL Holdings
In-Depth Analysis

The world’s largest Solana inventory company, FWDI, posts losses of more than $1 billion, with its stock price down by 90%

Market Whisper1h ago

SNS and PoH Network Enable AI Verification on Solana

Crypto Frontier05-12 06:02

Gate Daily Report (May 12): FTX unlocks nearly 200k SOL; Ripple receives a $200 million credit facility

Market Whisper05-12 01:31
Comment
0/400
No comments