# DeFi Development Corp. Adds 101,381 SOL and SOL Equivalents to Treasury

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/23455
Published: 2026-09-23T23:51:20.000Z
Updated: 2026-09-23T23:51:20.000Z

DeFi Development Corp. increased its Solana (SOL) treasury by 101,381 SOL and SOL equivalents between Sept. 14 and Sept. 18, bringing total holdings to approximately 2.49 million tokens.

The company’s treasury grew from 2,388,923 SOL and equivalents on Sept. 11 to 2,490,304 on Sept. 18. The increase represented 4.24% weekly growth; the filing’s table rounded the gain to 4%.

The increase reflected continued SOL purchases and organic treasury growth. The company expects its treasury SOL to support staking, validator infrastructure and on-chain treasury infrastructure, subject to market conditions and risk management.

“We are firing on all cylinders. We added over $10 million of SOL in just one week and our stock continues to outperform SOL,” Joseph Onorati, chief executive officer of DeFi Development Corp., said.

The precise split between SOL and SOL equivalents, the average acquisition price and the total dollar cost of the increase were not disclosed. The company also did not provide a transaction-by-transaction breakdown.

The CHAD offering produced another $1.65 million in gross proceeds when the over-allotment option was exercised, adding 206,250 shares to the issuance.

The company can issue up to $300 million of CHAD preferred stock through an at-the-market program, with sales planned at prices of at least $10 per share.
