Recent Updates — DFDVW

DeFi Development Corp. announced the addition of approximately 26,203 SOL and SOL equivalents to its treasury between September 28 and October 2, 2026. Total holdings now stand at roughly 2,564,212 units, valued at $302 million, representing an 11% increase since the August 12 earnings update. The company also reported that its variable-rate Series C preferred stock, CHAD, paid its first dividend on October 1, carrying a 13% annual rate on a $10 stated amount. Preliminary estimates for September 30 indicate double-digit growth in SOL per share and more than 100% growth in net asset value per share compared to August 12. DeFi Development Corp. operates as a publicly traded company with a treasury strategy focused on accumulating Solana, while also providing software-as-a-service solutions to the commercial real estate industry.

DeFi Development Corp. entered into a sales agreement with R.F. Lafferty & Co., Inc. on September 11, 2026, to offer and sell up to 30,000,000 shares of Variable Rate Series C Perpetual Preferred Stock (CHAD) via at-the-market offerings. The company simultaneously filed a Certificate of Amendment to increase the authorized number of CHAD shares from 2,220,000 to 32,200,000. Net proceeds will be used for general corporate purposes, including acquiring Solana digital assets and strategic initiatives. The agent receives a commission of up to 0.75% of gross proceeds. DeFi Development Corp. operates in the blockchain and cryptocurrency sector.