DeFi Development adds SOL as holdings reach 2.538 million

  • DeFi Development said it added about 47,706 SOL, raising holdings to 2,538,010 SOL.
  • The holdings were valued at about $309 million and increased roughly 2% in one week.
  • The planned CHAD preferred-stock program offers a 13% annual dividend for SOL purchases.

DeFi Development Corp., listed on Nasdaq under DFDV, said it added about 47,706 SOL after Sept. 21, bringing total holdings to 2,538,010 SOL valued at about $309 million. The position increased about 2% over the past week and by more than 226,000 SOL, or roughly 10%, since the company released its second-quarter earnings on Aug. 12. DFDV stakes its SOL and operates its own validator to generate additional SOL and fee income. The company is also pursuing a planned $300 million CHAD perpetual preferred stock program that offers a 13% annual dividend and is intended to support further SOL purchases. Earlier treasury updates cited different purchase and holdings figures, so those discrepancies remain noted.

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