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Recent Updates — CHAD

September 16, 2026View Source ↗

DeFi Development Corp. declared cash dividends on its Variable Rate Series C Perpetual Preferred Stock (CHAD). The board declared a $0.07944 per share dividend for the period from issuance on September 8, 2026, to October 1, 2026, payable on October 1, 2026, with a record date of September 30, 2026. Additionally, daily dividends of $0.00516 per share were declared for each business day from October 1 through October 30, 2026 (21 days), representing an annualized rate of 13.00%. The company disclosed it lacks accumulated earnings and profits, meaning distributions may be treated as a return of capital or capital gain rather than ordinary dividends for tax purposes. DeFi Development Corp. operates in the financial technology sector, focusing on decentralized finance development.

September 14, 2026View Source ↗

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.