DeFi Development Corp. (NASDAQ:DFDV) gained 2.4% in premarket trading on Wednesday after regulatory filings revealed that senior executives increased their personal stakes through open-market share purchases.
The company—known for being the first publicly listed firm to center its treasury strategy on accumulating Solana (SOL)—reported in recent SEC Form 4 filings that members of its leadership team had acquired additional shares. On November 25, 2025, Parker White, the firm’s Chief Operating Officer and Chief Investment Officer, bought 10,044 shares valued at $69,420. That same day, Chief Strategy Officer Daniel Kang invested $28,980 to purchase 4,200 shares at $6.90 each.
The documents also detailed several administrative transfers related to indirect beneficial ownership among affiliated entities. According to the company, these transactions did not involve any open-market selling and did not alter the total economic ownership held by the individuals or organizations involved. The adjustments stemmed from partnership unit transfers within SolSync Solutions Partnership and member distributions from DeFi Dev LLC.
“These additional purchases reflect the strong conviction our leadership team has in the Company’s long-term strategy and in DFDV’s position as the leading Solana-focused Digital Asset Treasury,” said Parker White, COO & CIO at DeFi Development Corp.
DeFi Development stressed that the internal realignments do not affect the public float nor reduce the management team’s overall ownership position.