---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-063476"
form_type: "8-K"
ticker: "DFDV"
cik: "0001805526"
company_name: "DeFi Development Corp."
filed_at: "2025-07-14T23:59:59+00:00"
generated_at: "2026-05-18T06:43:44.143577+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# DeFi Development Corp. issues SPS guidance, completes $10M convertible notes add-on

## Summary
- Completed additional $10M of 5.50% Convertible Senior Notes due 2030, total now $122.5M.
- Issues first SPS guidance: 0.1650 SPS by June 2026 (261% growth) and 1.0 SPS by Dec 2028.
- Purchased 10,758 SOL at avg $161.30, boosting total SOL holdings to 857,749.
- Total shares outstanding: 18,777,884 as of July 9, 2025.
- Investor presentation highlights mNAV of 3.7x and SOL holdings of $140M.

## SEC filing metadata
- accession: 0001213900-25-063476
- form_type: 8-K
- ticker: DFDV
- cik: 0001805526
- company_name: DeFi Development Corp.
- filed_at: 2025-07-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805526/000121390025063476/0001213900-25-063476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805526/000121390025063476/ea0248818-8k_defi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-063476
- JSON: https://secwatch.observer/filing/0001213900-25-063476.json
- Plain text: https://secwatch.observer/filing/0001213900-25-063476.txt

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