DFDV Expands SOL Treasury to 2.39 Million SOL and Establishes $300 Million CHAD ATM to Fuel Continued Growth
6 Articles
6 Articles
DeFi Development Expands Solana Treasury to 2.39M SOL
Nasdaq-listed DeFi Development Corp (NASDAQ: $DFDV) has increased its Solana (CRYPTO: $SOL) treasury by 55,491 SOL, bringing its total holdings to about 2.39 million SOL and SOL equivalents. The company said Monday that its treasury has grown roughly 2% since August 27 as it resumed regular Solana…
Key points of the news: DeFi Development Corp expanded its Treasury of Solana to 2.39 million SOL, registering an increase of 55,491 tokens since August 27. The company established an at-the-market offer of $300 million for its perpetual preferential share CHAD, with an initial annual dividend rate of 13%. With this rate, the company has ... Read more
DeFi Development Adds 55,491 SOL, Sets $300M CHAD ATM
DeFi Development said it added 55,491 SOL and established a $300 million at-the-market program for its CHAD preferred stock, pairing a fresh Solana accumulation with a new equity-financing conduit as digital-asset treasury companies continue leaning on securities markets to build on-chain...
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