---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-061934"
form_type: "8-K"
ticker: "DFDV"
cik: "0001805526"
company_name: "DeFi Development Corp."
filed_at: "2025-07-08T23:59:59+00:00"
generated_at: "2026-05-18T09:07:37.252702+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# DeFi Development Corp. discloses shares outstanding (17.4M) and debt ($28.9M) as of June 30, 2025

## Summary
- Total shares outstanding = 17,402,299 as of June 30, 2025, after conversion of April convertible debt and exercise of May pre-funded warrants.
- Outstanding debt principal ≈ $28.9 million as of June 30, 2025.
- Company released June 2025 Shareholder Letter and Business Update; full letter available on investor website.

## SEC filing metadata
- accession: 0001213900-25-061934
- form_type: 8-K
- ticker: DFDV
- cik: 0001805526
- company_name: DeFi Development Corp.
- filed_at: 2025-07-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805526/000121390025061934/0001213900-25-061934-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805526/000121390025061934/ea0248311-8k_defi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-061934
- JSON: https://secwatch.observer/filing/0001213900-25-061934.json
- Plain text: https://secwatch.observer/filing/0001213900-25-061934.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.