Solana Treasury Firm DFDV Unveils 13% CHAD Stock Dividend to Fuel More SOL Buying
TL;DR
- DFDV plans to raise up to $20 million through CHAD Stock, a perpetual preferred security with an initial 13% annual dividend rate.
- Most proceeds can support additional SOL purchases and other corporate uses.
- The company already holds about 2.33 million SOL and equivalents after buying roughly 19,000 SOL at $98.14, reinforcing its strategy of expanding Solana exposure.
DeFi Development Corp. is introducing CHAD Stock as a new financing tool for its Solana-focused treasury strategy. The Nasdaq-listed company plans to offer up to 2.2 million preferred shares with a stated amount of $10 each.
DeFi Development Corp. Announces Proposed Initial Public Offering of Variable Rate Series C Perpetual Preferred Stockhttps://t.co/OS13syLKHj
- DeFi Dev Corp. (DFDV) (@defidevcorp) August 31, 2026
DFDV Links CHAD Stock To Solana Treasury Growth
The security carries an initial 13% annual dividend rate, although payments are made on business days when declared by the board. The rate is variable and can change based on factors including market conditions, interest rates, liquidity and DFDV’s capital requirements.
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