---
schema_version: "secwatch.filing_event.v1"
accession: "0001805526-26-000031"
form_type: "8-K"
ticker: "DFDV"
cik: "0001805526"
company_name: "DeFi Development Corp."
filed_at: "2026-05-13T21:10:35+00:00"
generated_at: "2026-05-13T21:14:19.543842+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001805526-26-000031
- form_type: 8-K
- ticker: DFDV
- cik: 0001805526
- company_name: DeFi Development Corp.
- filed_at: 2026-05-13T21:10:35+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000031/0001805526-26-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000031/dfdv-20260513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001805526-26-000031
- JSON: https://secwatch.observer/filing/0001805526-26-000031.json
- Plain text: https://secwatch.observer/filing/0001805526-26-000031.txt

## Key facts
- Earnings Releases
  DeFi Development Corp. updated its Q1 2026 guidance (reaffirmed).
  - Period: Q1 2026
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: DeFi Development Corp. Reports Q1 2026 Results, Repurchases $4.4M of Convertibles at 41% Discount
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000031/0001805526-26-000031-index.htm

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