Nasdaq-listed DeFi Development Corp. (DFDV) reported on September 14, 2026, that its Solana treasury has grown by 55,491 SOL since August 27, reaching approximately 2.39 million SOL and SOL equivalents, an increase of about 2% over the period. The company continues to accumulate SOL while generating organic yield from its staking positions.
DeFi Development Corp. also established a $300 million at-the-market offering for its CHAD Variable Rate Series C perpetual preferred stock. The shares are intended to be issued at or above their $10 par value, with an initial annual dividend rate of 13%. Proceeds will primarily be used to purchase additional SOL, expanding the company's "capital flywheel" of raising capital, accumulating SOL, generating yield, and increasing SOL per share.
CEO Joseph Onorati said: "We are growing our SOL treasury...with DFDV returning twice as much as SOL quarter-to-date. With a $300 million ATM now in place, we have the structure to scale CHAD into a meaningful new engine of growth—and we intend to issue at or above $10.00 par. The flywheel is spinning, and we now have more capacity to put it to work."
DFDV now holds the second-largest corporate Solana treasury after Forward Industries (FWDI). Last month, the company launched a public real-time data and research platform tracking Solana network market data, staking, validators, yield, and ecosystem metrics. The leading Solana ETF recently surpassed $1 billion in assets under management, and SOL's price has risen over the past month.
