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Nasdaq-Listed DeFi Development Adds 22,070 SOL, Boosts Solana Holdings to 2.59 Million

Picture: CoinGape

HIGHLIGHTS DeFi Development acquired 22,070 SOL and SOL equivalents, bringing holdings to approximately 2.59M tokens. The company established a $300 million CHAD preferred stock offering to support further Solana accumulation. CHAD reached record trading highs despite the crypto market selloff and currently carries a 13% annual dividend rate. Nasdaq-listed DeFi Development Corp. has added approximately 22,070 SOL and SOL equivalents, increasing its Solana treasury to 2.59 million tokens. The latest addition, which is worth about $2.43 million, follows another series of acquisitions of digital assets made by the company amid market fluctuations.

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