DEFI Development Corp Increases Holdings by 55,491; SOL Launches a $300 Million Issuance Plan
2026-09-14 21:24:13
According to CoinMeta, DEFI Development Corp. ( DFDV ) announced that its holdings of SOL and SOL equivalents increased by 55,491 SOL, reaching approximately 2.3889 million, which is a growth of about 2% compared to August 27th. At the same time, the company has established a maximum ATM issuance plan of $300 million for the variable-rate Series C perpetual preferred stocks CHAD, intending to use the net proceeds mainly for further increases in holdings of SOL. The company stated that the issuance price plan for CHAD is not less than $10 per share. It should be noted that this ATM plan does not represent immediate financing, and the company has no obligation to sell any shares.
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