Crypto
DeFi Technologies Stock Sees Modest Rebound Ahead of August Financial Report
DeFi Technologies' stock rose by 15.94% last week to close at €0.4132, but its value has still fallen by approximately 81% over the past year.
The company will release its second-quarter financial results on August 13, which could provide insight into whether it can recover from its current slump.
CEO Johan Wattenström attributed the decline in the stock price to a combination of factors, including the crypto bear market and sector rotation away from crypto equities.
Wattenström emphasized DeFi Technologies' 'fortress balance sheet' with approximately $150 million at the end of the first quarter, as well as its record revenue and net profit in 2025.