DeFi Technologies

DeFi Technologies Inc.

Treasury Qualification

Treasury classificationDigital Asset Company with Corporate BTC

Qualification tierCore Directory

Directory statusIncluded

Ownership statusCompany-reported Bitcoin included in DeFi Technologies' consolidated digital-asset balances. As of March 31, 2026, DeFi Technologies reported 2,663.4200 BTC. Of that amount, 680.4268 BTC was loaned to counterparties and 67.9793 BTC was held by lenders as collateral related to the Genesis loan-settlement exposure. The remaining 1,915.0139 BTC was not specifically identified as loaned or collateralized in the reviewed filing. DeFi also has substantial ETP payables and uses digital assets for ETP hedging; this profile therefore treats the BTC as corporate-reported digital assets with explicit notes rather than a pure reserve-only stack.

Strategic intent

DeFi Technologies holds Bitcoin as part of its corporate digital-asset balance sheet while operating a vertically integrated digital-asset platform that includes Valour ETPs, Stillman Digital, DeFi Alpha, Reflexivity Research, and DeFi Advisory. The company uses digital assets to support treasury, hedging, lending, staking, trading, and product operations.

Bitcoin Treasury

BTC counted in directory2,663 BTC

Estimated value$169,662,517BTC price retrieved: July 28, 2026 at 19:53 UTC

Holdings as ofMarch 31, 2026

Average purchase priceNot disclosed

Ownership and Restrictions

Component figures are shown only when separately disclosed. “Not separately disclosed” does not imply zero.

Total BTC reported2,663

Unencumbered / unrestricted1,915

Pledged as collateral68

Loaned to third parties680

Subsidiary-ownedNot separately disclosed

Other restricted / receivable0

Latest Financial Results

Reporting period: Three months ended March 31, 2026

Revenue$11,193,117

Operating income/lossPending

Net income/loss$4,931,699

Cash$87,595,108

Management

Chief executive officer: Johan Wattenström
Chief financial officer: Paul Bozoki
Executive chair: Russell Starr

Research Notes

DeFi Technologies reported 2,663.4200 BTC within its consolidated digital-asset holdings as of March 31, 2026, with a fair value of approximately $174.658 million. The company is not a pure Bitcoin treasury company; it is a digital-asset financial technology platform with Valour ETPs, Stillman Digital, DeFi Alpha, Reflexivity Research, and DeFi Advisory. Its digital assets support treasury, hedging, lending, staking, trading, and product operations. The filing reports 680.4268 BTC loaned to counterparties, with the digital assets on loan included in the company's digital-asset balances. It also reports 67.9793 BTC held by lenders as collateral related to the Genesis loan-settlement exposure. No BTC was listed in the March 31, 2026 staked-digital-assets table. DeFi has material ETP-holder payables and states that it uses digital assets to hedge ETP obligations, so this record includes the company-reported BTC while clearly identifying the operating and liability-linked context. For Q1 2026, DeFi Technologies reported revenue of $11.193 million, net income of $4.932 million, total assets of $634.181 million, total liabilities of $478.037 million, and cash and cash equivalents of $87.595 million.