DeFi Development Corp. (Nasdaq: DFDV) reported an increase in its Solana (SOL) treasury holdings on September 14, 2026. During the period from August 27, 2026, through September 11, 2026, the company acquired 55,491 SOL and SOL equivalents. This brings the total treasury balance to approximately 2,388,923 SOL and SOL equivalents, representing a 2% increase since the last disclosure on August 27, 2026.
In addition to treasury growth, the company announced the establishment of an at-the-market (ATM) offering program for its Variable Rate Series C Perpetual Preferred Stock (Nasdaq: CHAD). The program authorizes the issuance of up to $300 million in CHAD shares. The shares will be sold through a sales agreement with R.F. Lafferty & Co., Inc. as the sole sales agent.
The company stated that CHAD shares issued under the ATM program are expected to be sold at or above $10.00 per share, which is the par value of the preferred stock. The company intends to use the net proceeds from these sales primarily to fund additional SOL purchases. The company noted that establishing the ATM program does not represent an immediate capital raise and that the company is not obligated to sell any shares.
DeFi Development Corp. operates a treasury strategy focused on accumulating and compounding SOL. The company utilizes its SOL holdings for staking, validator operations, and on-chain treasury infrastructure. The company also operates an AI-powered online platform that connects the commercial real estate industry through software subscriptions and value-add services.
