DFDV, a company focused on the cryptocurrency Solana, has released its Q2 Earnings Reports. The company reported an EPS of $0.84 and revenue of $197,000. As of August 11, DFDV holds over 1.3 million SOL tokens, valued at nearly $250 million, with its staking business expected to generate approximately $63,000 in SOL-denominated income daily.
The first U.S. publicly traded company to adopt a Solana-centric treasury strategy $DeFi Development (DFDV.US)$ is gaining market recognition due to its aggressive SOL accumulation strategy and robust staking returns.
On Tuesday, DFDV, which focuses on the cryptocurrency Solana, released its Q2 Earnings Reports. The company reported an EPS of $0.84 and revenue of $1.97 million. As of August 11, DFDV held over 1.3 million SOL tokens, valued at nearly $250 million, with its staking business expected to generate approximately $63,000 in SOL-denominated returns daily.
The key indicator, ‘SOL per Share’ (SPS), increased by 47% from June 30, reaching 0.0619. The company maintains its long-term goal of achieving an SPS of 0.165 by June 2026 and 1.000 by December 2028, representing a 167% increase from the current level.
Meanwhile, DFDV introduced a new indicator, ‘Annualized Organic Yield’ (AOY), to measure the performance of staked assets, with expectations that this metric will remain around 10% over the next 12 months. CEO Joseph Onorati stated:
“DFDV is not just a tool for accumulating SOL, but also a bridge connecting DeFi and traditional finance.”
On Tuesday, U.S. stocks saw a significant boost in risk appetite due to the moderate July CPI data. The company’s stock price surged 18.30% to $17.84 during the regular trading session and further increased by over 12% after the release of its second-quarter Earnings Reports in the after-hours trading. In the night session, the stock climbed nearly 15%, and it is currently up by 12%.
SOL Hold Positions and Staking Yields Both Increase
DFDV’s Earnings Reports show that the company’s core strategy—accumulating and compounding SOL—is steadily progressing.
In July, DFDV raised $165 million in net capital and completed a $122.5 million convertible bond financing led by Cantor Fitzgerald, with a conversion price of approximately $23.11 per share. These transactions provided the company with ample funds to further acquire SOL.
While rapidly raising capital, the company’s “SOL per Share” (SPS) Indicator saw significant growth. SPS increased by 34% month-over-month in July, marking one of the fastest growth periods in the company’s history. SPS grew by 47% from June 30th, reaching 0.0619.
As of August 11th, the company’s SOL holdings reached 1.3017 million, valued at nearly $250 million at current market prices. In just the first two weeks of August, the company added over 4,500 SOL, further expanding its base of revenue-generating Assets.
To measure its on-chain Business performance, the company introduced a new Indicator, the “Annualized Organic Yield” (AOY), to track the combined returns from treasury asset staking, third-party delegated staking, and on-chain activities.
The company expects the AOY to remain around 10% over the next twelve months, although actual results may fluctuate due to network dynamics.
Differentiated Positioning, Aiming for Long-Term Growth Objectives
Since the launch of its new Global Strategy in April 2025, DFDV has been committed to developing a differentiated approach that sets it apart from the traditional Bitcoin treasury model.
As the first publicly listed company in the U.S. focused on non-Bitcoin Cryptos, the company’s management believes that its Solana-focused strategy will yield stronger fundamentals and better long-term potential.
DFDV’s strategy goes beyond mere holding; it emphasizes deep integration with the Solana ecosystem.
According to the company, its Business includes operating its own validator infrastructure, participating in decentralized finance (DeFi) protocols, and launching a tokenized version of its equity, DFDVx, to enable 24/7 trading and composability with DeFi infrastructure.
The company’s management emphasizes a focus on transparent and sustainable growth, avoiding excessive leverage and highly speculative Assets.
Editor: Jayden