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DeFi Development Corp. adds 3,983 SOL to treasury ahead of Alpenglow upgrade

Nasdaq-listed DeFi Development Corp. added 3,983 SOL to its reserves over the past week, bringing its total treasury to roughly 2.59 million SOL, while planning a dividend rate hike for preferred shares.

Logo and wordmark of DeFi Development Corp. in orange and white against a dark blue background.
Image: @TheBlockCo

DeFi Development Corp. announced on October 19, 2026, that its treasury expanded by 3,983 SOL and SOL equivalents over the past week, lifting its total reserves to approximately 2,590,266 SOL and equivalents. The Nasdaq-listed firm describes itself as the first U.S. public company with a corporate treasury strategy designed to accumulate and compound Solana holdings.[1][2][3]

The addition was valued at roughly $417,000, representing the company's smallest weekly purchase since completing an $11 million capital raise through CHAD share sales in September, according to SolanaFloor.[2]

The firm also scheduled an increase in the annual dividend rate on its CHAD preferred stock, which will rise from 13% to 14% effective November 2. The decision arrives ahead of Solana's Alpenglow network upgrade, scheduled for October 21, which aims to deliver near-instant transaction finality.[1][2]

Key facts

  • DeFi Development Corp. added 3,983 SOL and SOL equivalents to its treasury over the past week, bringing total holdings to 2,590,266 SOL and equivalents.
  • The weekly addition was worth approximately $417,000, marking the firm's smallest weekly acquisition since an $11 million raise via CHAD share sales in September.
  • The annual dividend rate for CHAD preferred stock is scheduled to rise from 13% to 14% on November 2, 2026.
  • Solana's Alpenglow upgrade is scheduled for October 21, 2026, aiming to enable near-instant transaction finality.

Sources 路 3 sources

  1. TB

    The Block@TheBlockCoPost on X 路

    THE BLOCK: DeFi Development Corp. $DFDV added 3,983 SOL and solana:So11111111111111111111111111111111111111112 equivalents over the past week, bringing its total holdings to approximately 2.59 million SOL. The Nasdaq-listed firm also plans to raise its CHAD preferred stock annual dividend rate from 13% to 14% on Nov. 2, following Solana's scheduled Alpenglow upgrade on Oct. 21.

    Open source
  2. SO

    SolanaFloor@SolanaFloorPost on X 路

    馃毃JUST IN: @Solana treasury firm @defidevcorp bought 3,983 $SOL worth ~$417K last week; it's the smallest weekly purchase since their September $11M raise via $CHAD share sales. https://t.co/XQiJyIukif

    Open source
  3. CO

    CoinMarketCap@CoinMarketCapPost on X 路

    LATEST: 馃挵 DeFi Development Corp. added 3,983 SOL over the past week, bringing its Solana treasury to about 2.59M SOL and equivalents. https://t.co/8svkz8tufA

    Open source