DeFi Development Corp. announced that the annualized dividend rate on its Variable Rate Series C Perpetual Preferred Stock (CHAD) increased from 13% to 14%, effective November 2, 2026. This adjustment raises the per-share payout to $1.40 annually based on the $10 stated amount. Concurrently, the company reported that its Solana treasury holdings grew by 5,336 SOL between October 26 and October 30, bringing total holdings of SOL and equivalents to approximately 2.6 million. The firm intends to deploy these assets through staking and validator operations to support income generation for CHAD holders. DeFi Development Corp. operates a treasury strategy focused on accumulating Solana while providing software-as-a-service solutions to the commercial real estate industry.
