# DeFi Development Corp. CHAD Funds Could Buy More Than 3,500 Solana By John Kim Canonical URL: https://www.tokenpost.com/news/business/57380 Published: 2026-11-14T13:12:30.000Z Updated: 2026-11-14T13:12:30.000Z Section: Business > Funds raised by CHAD this week were estimated to cover about 700 Solana (SOL) per day. The estimate does not confirm completed purchases. Funds raised this week by DeFi Development Corp.’s CHAD preferred stock could buy more than 3,500 Solana (SOL), averaging 700 SOL per day. CHAD is the company’s Nasdaq-listed Series C perpetual preferred stock. The estimate follows CHAD’s [Nov. 11 daily fundraising record](), when proceeds were estimated to cover more than 1,170 SOL. The estimate measures potential buying capacity and does not establish that DeFi Development has completed purchases. ## Links in this article - [Nov. 11 daily fundraising record](https://www.tokenpost.com/news/business/55477)