TheBlock
DeFi Development Corp, a Solana-focused treasury firm, reported a 108% increase in SOL per share over the past year as of May 13 — a figure that puts it firmly in the conversation alongside MicroStrategy-style corporate treasury plays, but native to the Solana ecosystem.
The company credited the outsized growth to what it described as 'unconventional' strategies that more closely aligned its operations with the broader Solana ecosystem. While the firm didn't elaborate on specific tactics in the headline disclosure, the framing suggests active yield generation, staking, or ecosystem participation beyond simple spot accumulation.
For investors tracking institutional-grade exposure to SOL, the 108% per-share metric is the number that matters — it strips out dilution and measures how much the underlying SOL treasury grew relative to each share outstanding, making it a cleaner signal of…
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