News linked to both this project and an event.
According to GlobalNewswire, DeFi Development (DFDV), a Nasdaq-listed Solana treasury company, disclosed that it added approximately 26,203 SOL to its holdings last week, bringing its total position to roughly 2.5642 million SOL, valued at approximately $302 million. DFDV also revealed that its SOL and equivalent asset holdings have grown by approximately 11% since reporting its second-quarter results on August 12. Additionally, it completed the initial dividend distribution for its CHAD Variable Rate Preferred Shares on October 1. This instrument is designed to generate returns through SOL staking and validator node operations to fund dividend payments and act as a financing mechanism for further SOL accumulation.
Odaily News - Nasdaq-listed company DeFi Development Corp. (DFDV) announced that since September 21, it has increased its holdings by approximately 47,706 SOL, bringing its total SOL and SOL equivalents holdings to approximately 2,538,010, currently valued at approximately $309 million. This increase brought its SOL holdings up approximately 2% week-over-week, and up approximately 10% since the release of its second-quarter earnings report on August 12, during which it accumulated more than 226,000 SOL. (Globenewswire)
BitcoinTreasuries.NET posted on X stating that DFDV surged over 10% to $5 on the day. DeFi Development Corp CEO Joseph Onorati said his team had closely observed Strategy and Strive developing STRC and SATA; DeFi Development Corp's newly launched Solana-backed preferred stock CHAD draws on the experience of both.
Odaily News: DeFi Development Corp announced the completion of an $11 million CHAD preferred stock offering, with Fundstrat's Tom Lee participating in the subscription. The company stated that this offering marks the first digital credit instrument backed by Solana. CEO Joseph Onorati noted that Bitcoin has demonstrated a massive market demand for digital credit.
DeFi Development Corp. released its Q1 2026 shareholder letter and business update: The company repurchased approximately $4.4 million in principal amount of its convertible notes due July 2030 for about $2.6 million in cash, representing a 41% discount to face value. As of May 13, 2026, its SOL-per-share metric stood at 0.0670, up 108% year-on-year and up 1% from March 30; total SOL and equivalents amounted to 2,294,576, an increase of 3% from March 30. The company reaffirmed its guidance of 0.075 SOL per share for June 2026 and maintained its long-term target of 1.0 SOL per share by December 2028.