DeFi Development Corp, a Solana-focused treasury firm, increases its Solana holdings and launches a new equity sales program. The company expands its Solana treasury to 2.39 million SOL and sets up a $300 million at-the-market (ATM) offering tied to its CHAD perpetual preferred stock.
One report says the company adds 55,491 SOL as part of the expansion. The new CHAD ATM program is designed to allow the firm to sell preferred stock over time, with proceeds intended to support further purchases of SOL. Both outlets frame the move as continuing a short, fast-moving sequence of capital markets activity over the past several weeks.
While the outlets align on the core facts—additional SOL added, Solana treasury size, and the $300 million CHAD ATM program—one emphasizes the treasury target and size, and the other highlights the incremental SOL purchase and the ongoing timing of the capital markets rollout.
