DeFi Development Corp. Reports Q3 2026 Financial Results

DeFi Development Corp. (Nasdaq: DFDV) reported its unaudited financial results for the third quarter ended September 30, 2026. The company, which focuses on a Solana-based treasury strategy, reported that its net asset value (NAV) per share more than quadrupled from August 12 to September 30, 2026, while Solana (SOL) per share increased by over 20% in the same period. Total SOL and SOL equivalents reached 2,549,137 as of September 30, representing a 10% increase from the August 12 update. Additionally, the company noted a 13% decline in SOL-denominated borrowings and a significant increase in cash and liquid assets. The company also highlighted the launch of its perpetual preferred stock, CHAD, as a capital-raising tool to support its treasury growth.