DeFi Development Corp. (Nasdaq: DFDV) reported on October 12, 2026, that its treasury of Solana (SOL) and SOL equivalents increased by approximately 22,070 tokens during the week of October 5 through October 9. The filing states that as of October 9, the Company held 2,586,282 SOL and SOL equivalents, representing a 1% increase from the 2,564,212 reported on October 2.
The Company noted that this accumulation brings total SOL growth to approximately 12% since its Q2 earnings report on August 12. DeFi Development Corp. stated that its SOL holdings are expected to be deployed through staking, validator infrastructure, and on-chain treasury operations, subject to market conditions and risk management considerations.
In a related press release, the Company highlighted the performance of its variable-rate perpetual preferred stock, CHAD (Nasdaq: CHAD). Despite a broader cryptocurrency selloff, CHAD reached new all-time trading highs during the week ended October 9. The Company reported that CHAD offers a 13% annual dividend rate, equivalent to $1.30 per share annually, with dividend payments continuing each business day when declared.
The Company also referenced a $300 million at-the-market offering program known as the CHAD ATM, which it believes provides an additional source of growth capital to support its SOL accumulation strategy.
