BOCA RATON, FL, Oct. 08, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first U.S. public company with a treasury strategy built around accumulating and compounding Solana (SOL), today announced the release of its August & September 2026 Recap, highlighting renewed SOL accumulation, the launch of CHAD, continued execution of the Company’s SOL Boost strategy, and expanded engagement across the Solana ecosystem.
During the period, the Company resumed active SOL accumulation and surpassed 2.5 million SOL and SOL equivalents, adding more than 226,000 SOL and SOL equivalents since its August 12 shareholder update.
The Company also launched CHAD, its Nasdaq-listed Variable Rate Series C Perpetual Preferred Stock, establishing a second capital markets engine alongside common equity. DeFi Dev Corp. subsequently established a $300 million at-the-market offering program for CHAD, providing additional capacity to raise perpetual preferred capital that may be used to support future SOL accumulation without increasing DFDV’s common share count.
The recap also highlights the SOL Boost Framework in action during a strong quarter for SOL, as the Company continued to focus on increasing SOL exposure per common share through disciplined capital formation, staking yield, validator operations, and long-term growth in SOL Per Share.
Additional highlights include the launch of State of Solana, a real-time platform tracking Solana market, network, DeFi, staking, governance, and ecosystem data, as well as the Company’s support for SIMD-0550 and SIMD-0553, two governance proposals intended to strengthen Solana’s long-term tokenomics.
The full August & September 2026 Business Recap is available at: https://defidevcorp.beehiiv.com/p/aug-sept-2026-recap.
About DeFi Development Corp.
DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.
The Company is also an AI-powered online platform that connects the commercial real estate industry by providing value-add services and software subscriptions to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage. The Company’s data and software offerings are generally offered on a subscription basis as software as a service.
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