other_material
confidence high
sentiment neutral
materiality 0.45
DeFi Dev Corp. corrects SOL purchase overstatement; holds 999,999 SOL as of July 20
DeFi Development Corp.
- Corrected: SOL purchase amount overstated by 1,000 SOL; organic growth understated by 1,000 SOL; total holdings unchanged at 999,999 SOL.
- Purchased 140,383 SOL July 14-20 at avg $133.53, total ~$19M, funded via ELOC proceeds; holdings valued at ~$181M.
- ELOC raised $19.2M net from 740,000 shares; $4.98B remains available (0.4% drawn).
- SPS 0.0514 (~$9.30), up 13% week-over-week; organic staking rewards of 1,867 SOL earned.
- Total SOL equivalents 999,999; shares outstanding 19,445,837 as of July 18.
item 7.01item 9.01