Nasdaq-listed DeFi Development (DFDV) acquired approximately 26,203 SOL last week, increasing its total treasury holdings to 2.5642 million SOL valued at roughly $302 million. The company reported that its SOL and equivalent asset positions have grown 11% since releasing second-quarter results on August 12.
DFDV completed the first dividend distribution for its CHAD variable-rate preferred shares on October 1. The product generates yield through SOL staking and validator node operations to support dividend payments and finance further SOL accumulation.
DeFi Development Adds 26,200 SOL to Treasury, Holdings Top 2.56 Million
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