DeFi Development adds 26,203 SOL; treasury hits 2,564,212 SOL worth $302M, up 11% since Aug 12

DeFi Development Corp.

SOL and SOL equivalents rose to 2,564,212 as of Oct 2 from 2,538,010 on Sept 25 (+1%); treasury valued at $302M.
Preliminary Sept 30 estimates vs Aug 12: double-digit growth in SOL per share, more than 100% growth in NAV per share and in cash and equivalents, reduced notional SOL borrowings.
Company added ~26,203 SOL between Sept 28 and Oct 2, lifting total holdings ~11% since its Aug 12 Q2 earnings report.
CHAD, the Variable Rate Series C Perpetual Preferred, carries a 13% annual dividend rate; its $300M ATM is cited as growth capital for SOL accumulation.
CEO Joseph Onorati: "We expect to report double digit growth in SOL per share and more than a doubling of NAV per share since our August update."

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