DeFi Development Corp. increased its SOL and SOL equivalents by 101,381 during September 14-18, taking total holdings to 2,490,304. The company expects treasury SOL to be deployed through staking, validator and onchain treasury infrastructure, subject to market conditions and risk management considerations.
Key Highlights
- DeFi Development Corp. added 101,381 SOL to its treasury during the period from September 14 through September 18.
- DeFi Development Corp. has established a CHAD at-the-market Facility for up to $300 million.
- SOL and SOL equivalents rose to 2,490,304.
DeFi Development Corp. (NASDAQ: DFDV) added 101,381 SOL to its treasury during the period from September 14 through September 18, bringing SOL and SOL equivalents to 2,490,304.
SOL Equivalents Rise 4% in Reported Period
The comparison showed a 4% change. The accompanying announcement described the latest weekly increase as approximately 4.24% and said total treasury holdings had risen by over $10 million week over week. DFDV attributed the increase to SOL purchases together with organic treasury growth.
Treasury Strategy Includes Staking Infrastructure
DFDV’s treasury policy allocates the principal holding in its reserve to SOL. The company said forward-looking statements remain subject to risks, uncertainties, assumptions and changes in circumstances.
FAQs
Q: How much SOL did DeFi Development Corp. add to its treasury?
A: DeFi Development Corp. added 101,381 SOL during September 14-18. Its reported SOL and SOL equivalents reached 2,490,304 after the increase.
Q: What is CHAD preferred stock?
A: The article does not state what CHAD preferred stock is. It does not mention CHAD preferred stock.
Q: What percentage increase did DFDV report for its SOL equivalents during the period?
A: The comparison showed a 4% change. The accompanying announcement described the latest weekly increase as approximately 4.24% and said treasury holdings rose by over $10 million week over week.
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