DeFi Development Corp. expands SOL treasury and launches $300 million financing program

DeFi Development Corp. (Nasdaq: DFDV) has increased its SOL and equivalent asset holdings to approximately 2.39 million tokens. The company also established a $300 million 'at-the-market' (ATM) offering program for its CHAD perpetual preferred stock to fund further SOL acquisitions. DFDV aims to replicate a treasury model similar to MicroStrategy, utilizing staking and validator rewards to generate organic growth.