DeFi Development Corp. increased its holdings of 47700 SOLs last week

DeFi Development Corp. has added approximately 47700 SOLs since September 21, increasing its holdings to approximately 2.538 million SOLs with a total value of approximately $309 million. Since August 12th, DeFi Development Corp. has accumulated over 226000 SOLs. DeFi Development Corp. will expand its SOL reserves through purchasing, staking, and validating node operations, and use a $300 million CHAD ATM financing tool to support its increase in holdings. At the same time, it plans to use SOL staking and validating node earnings to pay CHAD an annualized 13% dividend.