Internet reports that the board of directors of DeFi Development Corp. has approved a 1 - 7 split of its issued common shares. The split will increase the company's outstanding shares from approximately 2 million shares to 14 million shares, but the authorized share capital remains unchanged. "Stock splits are designed to increase liquidity and make stocks more available to a wider investor base, and the company will continue to implement a corporate treasury strategy centered on accumulating SOL and infrastructure ownership," the company said. Each shareholder will receive an additional six shares on May 19. If approved by Nasdaq, trading will resume on May 20 after stock split adjustments.