DeFi Development Corp Boosts SOL Holdings as CHAD Preferred Stock Hits Record High
Current overview (not historical)
DeFi Development Corp (DDC) has increased its Solana (SOL) holdings to 2,586,282 tokens, worth roughly $287 million, after buying about 22,070 SOL last week. The company’s CHAD preferred stock reached a new record during the week of October 9, approaching $10 per share—well above its $8 IPO price—and offered a 13% annual dividend. In response, DDC raised the CHAD dividend to 14% to capitalize on the proceeds from CHAD sales and further expand its Solana position. This move underscores DDC’s strategy to leverage high‑yield CHAD shares to fund its growing Solana investment, while the record CHAD price signals strong investor demand for the token. The dividend hike may also influence future pricing dynamics for CHAD and the broader Solana ecosystem.
Written with AI from the reporting · updated 10/15/2026
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- 1Unclassified fact stationOct 13, 00:00recorded Oct 15, 00:05single sourcerevised
DeFi Development Corp 增加 SOL 并 CHAD 股权创历史新高
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- Subject：
- DeFi Development Corp
- Action：
- 购买 SOL 并发行 CHAD 股权
- Object：
- SOL 代币和 CHAD perpetual preferred stock
- Occurred (fact side)：
- Oct 13, 00:00
- Published (valid side)：
- Oct 13, 03:07
- First seen (known side)：
- Oct 15, 00:05
Fact stationSingle source · one-sided claimRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
- 2Unclassified fact stationOct 15, 00:00recorded Oct 16, 00:39single source
DeFi Development将CHAD股息率提升至14%
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- Subject：
- DeFi Development
- Action：
- 提高股息率
- Object：
- CHAD preferred stock
- Occurred (fact side)：
- Oct 15, 00:00
- Published (valid side)：
- Oct 15, 23:48
- First seen (known side)：
- Oct 16, 00:39
Fact stationSingle source · one-sided claimCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
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- The BlockRelated fact: single sourceDeFi Development raises CHAD preferred stock dividend to 14% to boost Solana holdings
Report first recorded Oct 16, 00:39
DeFi Development increased the dividend rate on its CHAD preferred stock from 13% to 14% by utilizing CHAD sales to expand its Solana treasury.
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- DecryptRelated fact: single sourceSource report revisedDeFi Development Corp increases SOL treasury while CHAD preferred stock hits record high
Report first recorded Oct 15, 00:05
DeFi Development Corp added about 22,070 SOL and SOL equivalents last week, bringing its treasury to roughly 2,586,282 tokens, valued around $287 million with SOL near $111. Concurrently, its CHAD perpetual preferred stock, which pays a 13% annual dividend on a $10 stated amount, reached record highs in the week ended October 9, approaching $10 after an IPO priced at $8. The company funds its SOL purchases through a $300 million at-the-market program, where closer trading to the $10 par value allows each new share to buy more SOL.
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