DeFi Development Corp. announced that its Solana (SOL) treasury holdings increased by 55,491 SOL to approximately 2,388,923 SOL and SOL equivalents between August 27 and September 11, 2026. The company also established a $300 million at-the-market (ATM) offering program for its Variable Rate Series C Perpetual Preferred Stock (CHAD), with issuance expected at or above the $10.00 par value per share. Net proceeds from the ATM are intended to fund additional SOL purchases, supporting the company's strategy to accumulate and compound Solana assets through staking and validator infrastructure. DeFi Development Corp. operates in the cryptocurrency and decentralized finance sector, focusing on accumulating Solana treasury reserves while also providing software-as-a-service solutions for the commercial real estate industry.
