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Nasdaq-listed SOL treasury company DeFi Development, ticker DFDV, said it bought an additional 55,491 SOL since Aug. 27, according to the company. That brought its total SOL holdings to 2,388,923.
The company also set up an at-the-market program to sell up to $300 million of its floating-rate Series C perpetual preferred stock, CHAD. DeFi Development said it plans to issue CHAD at or above its $10 per-share par value and use the proceeds to buy more SOL.