DeFi Development Corp. (Nasdaq: DFDV) reported an increase in its Solana (SOL) treasury holdings and a change to its preferred stock dividend rate in a filing dated November 2, 2026.
According to the company’s Form 8-K, its holdings of SOL and SOL equivalents increased by 5,336 tokens between October 23 and October 30, 2026. The treasury balance as of October 30 stood at 2,600,948 SOL, up from 2,595,612 SOL reported on October 23.
The company stated that it expects its SOL treasury to be deployed through staking, validator operations, and on-chain treasury infrastructure, subject to market conditions and risk management considerations.
In conjunction with the treasury update, DeFi Development Corp. announced that the annual dividend rate for its Variable Rate Series C Perpetual Preferred Stock (Nasdaq: CHAD) has increased from 13.00% to 14.00%, effective November 2, 2026. At a stated amount of $10.00 per share, the new rate results in an annual dividend of $1.40 per share, payable each business day when declared.
The company noted that CHAD is designed to offer income-focused investors exposure to its SOL treasury strategy, which includes native staking and validator operations.
