DeFi Development Corp. increased the annual dividend rate on its Variable Rate Series C Perpetual Preferred Stock (CHAD) from 13.00% to 14.00%, effective November 2, 2026. The new rate represents an annualized payout of $1.40 per share based on CHAD's $10.00 stated amount. Additionally, the company reported that its treasury holdings of Solana (SOL) and SOL equivalents grew by approximately 3,983 units during the week ending October 16, bringing total holdings to roughly 2,590,266 SOL. The accumulation occurs ahead of Solana's Alpenglow protocol upgrade scheduled for October 21, 2026. DeFi Development Corp. operates a treasury strategy focused on accumulating and compounding Solana while providing investors with economic exposure to the asset through its preferred stock and common equity.
