DeFi Development Corp. adds 22,070 SOL in week, holdings reach 2,586,282; CHAD hits record high

DeFi Development Corp.

SOL and SOL equivalents rose from 2,564,212 on Oct 2 to 2,586,282 on Oct 9, a 1% weekly gain and roughly 12% since the Aug 12 earnings update.
Variable-rate perpetual preferred CHAD (Nasdaq: CHAD) reached all-time trading highs and approached $10.00 in the week ended Oct 9 despite a broader crypto selloff.
CHAD carries a 13% annual dividend rate on its $10 stated amount, equal to $1.30 per share annually, paid each business day when declared.
CEO Joseph Onorati cited Samsung's stablecoin rollout across 82 million U.S. Galaxy devices; the $300 million CHAD ATM adds growth capital.
Company expects treasury SOL to be deployed via staking, validator and onchain infrastructure; the related press release is Exhibit 99.1.

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