DeFi Development Corp. Increases SOL Treasury to 2.61 Million - The Manila Times
DeFi Development Corp. increased its Solana treasury by 8,881 SOL, reaching approximately 2.61 million SOL, marking nine consecutive weeks of purchases.
The company, listed on Nasdaq as DFDV, has been actively accumulating Solana tokens since August 27, with the latest increase bringing its total holdings to approximately 2,609,829 SOL. This represents the ninth consecutive week of SOL purchases since September 14, 2026, demonstrating consistent execution of the company's treasury strategy.
Our strategy remains consistent: accumulate SOL, compound our holdings, and grow SOL per share," said Joseph Onorati, Chief Executive Officer of DeFi Development Corp. "We remain focused on disciplined execution and positioning the Company to create long-term shareholder value as the Solana ecosystem continues to develop."
Competitive Dividend Offering
Alongside its SOL accumulation strategy, DeFi Development Corp.'s Variable Rate Series C Perpetual Preferred Stock (Nasdaq: CHAD) continues to offer a 14.00% annualized dividend rate, positioning it among the highest in the digital credit market. Based on its $10.00 stated amount, CHAD's dividend equates to $1.40 per share annually, with dividends cumulative and payable each business day when declared by the Board of Directors.
CHAD combines a 14% annualized dividend rate with a treasury of productive SOL assets, creating what we believe is a compelling proposition for income-focused investors.
Productive Treasury Strategy
Unlike traditional corporate treasuries that typically hold cash and low-yielding assets, DeFi Development Corp.'s SOL holdings generate recurring income through native staking and validator operations. The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake, which provides a strong foundation for scaling its digital credit offerings.
The company intends to continue growing CHAD as a core component of its long-term capital strategy, providing income-focused investors with an alternative to common equity while supporting continued SOL accumulation. This approach offers investors direct economic exposure to SOL while actively participating in the growth of the Solana ecosystem.
Business Expansion
Beyond its cryptocurrency operations, DeFi Development Corp. also operates an AI-powered online platform that connects the commercial real estate industry by providing value-add services and software subscriptions to multifamily and commercial property professionals. The company's data and software offerings are generally provided on a subscription basis as software as a service.
The company continues to explore innovative ways to support and benefit from Solana's expanding application layer while maintaining its focus on decentralized finance (DeFi) opportunities. This dual approach positions DeFi Development Corp. to capitalize on both the growing cryptocurrency market and the commercial real estate technology sector.
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