DeFi Development Corp. Q1 SPS up 108% YoY to 0.0670; repurchases $4.4M converts at 41% discount

DeFi Development Corp.

SOL per share of 0.0670 as of May 13, 2026, up 108% y/y and 1% from March 30, 2026.
Repurchased ~$4.4M principal of July 2030 Convertible Notes for ~$2.6M cash (41% discount to par).
Total SOL and SOL equivalents of 2,294,576, up 3% from March 30, 2026.
Reaffirmed June 2026 SPS guidance of 0.075 (fully converted); long-term target 1.0 SPS by Dec 2028 remains unchanged.

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