{"schema_version":"secwatch.filing_event.v1","accession":"0001805526-26-000052","form_type":"8-K","ticker":"DFDV","cik":"0001805526","company_name":"DeFi Development Corp.","filed_at":"2026-08-12T20:47:32+00:00","discovered_at":"2026-08-12T20:49:02.739424+00:00","generated_at":"2026-08-12T20:49:10.362001+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"DeFi Development Q2 update: SOL per share up 24% YoY to 0.066; notes buyback at 35% discount","bullets":["SPS of 0.066 as of Aug 12, 2026, up ~24% YoY; total SOL and SOL equivalents 2,311,523, up 1% since last update.","Repurchased ~$3.5M principal of July 2030 convertible notes for $2.3M in cash, ~35% discount to par.","Announced Q3 operating cost step-down with further reductions expected; reaffirmed 1.0 SPS target by Dec 2028.","Discontinuing Treasury Accelerator program; concentrating onchain activity in a smaller set of institutional-scale protocols.","Q2 2026 financials, share counts, leverage, and ATM usage detailed in shareholder letter."],"urls":{"canonical":"https://secwatch.observer/filing/0001805526-26-000052","json":"https://secwatch.observer/filing/0001805526-26-000052.json","markdown":"https://secwatch.observer/filing/0001805526-26-000052.md","text":"https://secwatch.observer/filing/0001805526-26-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805526/000180552626000052/0001805526-26-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805526/000180552626000052/dfdv-20260812.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-12T20:49:10.362001+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}