Newsig · The Block
DeFi Development Corp expands Solana treasury to 2.39 million SOL, sets up $300 million CHAD ATM
The Solana treasury company established a $300 million at-the-market offering for its CHAD perpetual preferred stock.
Why it matters
SOL (Solana) · Why linked: DeFi Development Corp is expanding its Solana treasury holdings to over 2.39 million SOL. Market context: Bullish for SOL via increased institutional treasury demand, but the impact is modest given SOL's market cap.
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