News linked to both this project and an event.
According to Decrypt, Solana treasury company DeFi Development Corp (DFDV) announced the acquisition of an additional 55,491 SOL tokens (approximately $5.78 million), bringing its total SOL holdings to approximately 2.389 million, representing a roughly 2% increase from August 27. Meanwhile, the company announced the launch of a $300 million ATM program for CHAD variable-rate Series C perpetual preferred shares, with New York broker R.F. Lafferty & Co. acting as the sole sales agent, and the proceeds intended primarily to further increase SOL holdings. The company noted that issuance will only occur when the price is at or above a $10 par value per share, with no mandatory selling requirements. CHAD's first issuance was completed on September 8, raising approximately $11 million, with Fundstrat founder Tom Lee participating in the subscription. As CHAD comprises non-convertible preferred shares, any subsequent issuances will not dilute the equity of common shareholders.
According to an official announcement from DeFi Development Corp., Nasdaq-listed company DFDV announced that its total SOL treasury holdings have increased to approximately 2.389 million SOL (up by roughly 55,000 SOL from August 27, representing a month-over-month growth of approximately 2%). The company also announced a $300 million at-the-market (ATM) offering plan for CHAD (Variable Rate Series C Perpetual Preferred Stock), with proceeds primarily intended for continued SOL acquisitions. The company stated that the CHAD issuance price will not fall below the $10 par value per share, with R.F. Lafferty & Co. appointed as the exclusive sales agent. Year-to-date, SOL has outperformed the Nasdaq 100 index by 39%, while DFDV’s returns have been double that of SOL. CEO Joseph Onorati stated that the launch of the CHAD ATM will further advance the company’s “fundraising — coin accumulation — yield generation — compounding” capital flywheel strategy.
According to The Block, Nasdaq-listed Solana treasury company DeFi Development Corp (ticker: DFDV) announced plans to publicly offer up to $20 million in Variable Rate Series C Perpetual Preferred Stock, with a par value of $10 per share, an initial annual dividend rate of 13%, and the first dividend payment date set for October 1, 2026. The company plans to use the proceeds to purchase additional SOL and other crypto-related assets. Currently, the company holds approximately 2.33 million SOL, having increased its holdings by around 19,000 at an average price of $98.14 last week. DFDV shares rose 8.03% on Monday to $5.38, posting a cumulative gain of 110% over the past month; SOL appreciated approximately 41% during the same period, currently trading at $103.3.
According to GlobeNewswire, Nasdaq-listed DeFi Development Corp. (DFDV) announced on May 4, 2026, the launch of a $200 million at-the-market (ATM) equity offering program. Proceeds from the offering will be primarily used to purchase Solana (SOL), while also supporting working capital and strategic initiatives. The company stated that it will issue shares only when doing so delivers value to shareholders—specifically, when it increases the fully diluted SOL holdings per share.