DeFi Development increased its holdings by 55,491 SOL and established a $300 million preferred stock CHAD ATM plan

2026-09-14 21:01:48

According to GlobeNewswire, Solana Treasury Company DeFi Development Corp. (Nasdaq: DFDV) has increased its total holdings of SOL by 55,491 coins since August 27, currently holding approximately 2,388,900 SOL and SOL equivalents, an increase of about 2%.

At the same time, the company announced the establishment of a variable rate Series C perpetual preferred stock (Nasdaq: CHAD) ATM program with a cap of $300 million, with R.F. Lafferty & Co. serving as the exclusive sales agent. The issuance price is expected to be no less than $10 per share par value, and the net proceeds will primarily be used to increase SOL holdings.

The company stated that the establishment of the CHAD ATM program does not represent an immediate initiation of financing, and the company is under no obligation to sell any shares.

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