DeFi Development Corp. increased its SOL reserves by 55,491 tokens, bringing total holdings to approximately 2.39 million SOL and SOL equivalents, up about 2% from August 27, 2026. The company also established an at-the-market offering program of up to $300 million for its Series C perpetual preferred stock, CHAD, with an expected issuance price of no less than the $10 per-share face value. Net proceeds are intended primarily to increase SOL holdings. CEO Joseph Onorati said the plan gives the company a structure to scale CHAD into a new growth engine.