DeFi Development Corp Adds 55,491 SOL and Launches $300M CHAD Program

DeFi Development Corp has acquired another 55,491 SOL and launched a $300 million CHAD at-the-market program for its preferred stock, according to Decrypt. The moves extend a rapid three-week period of capital-markets activity by the Solana-focused treasury firm. The company’s latest SOL purchase increases its exposure to the cryptocurrency, while the CHAD program provides a new market-based fundraising mechanism tied to its preferred shares. Decrypt reported the developments on September 15, 2026, without detailing the timing or execution price of the SOL acquisition. The announcement is relevant to investors tracking corporate treasury strategies involving Solana and the relationship between equity-market financing and SOL accumulation.