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Crypto & Bitcoin

Nasdaq-Listed DeFi Development Adds 22,070 SOL, Boosts Solana Holdings to 2.59 Million

Reported by Coingapestaff, Coin Gape News

Image: Coin Gape News

HIGHLIGHTS DeFi Development acquired 22,070 SOL and SOL equivalents, bringing holdings to approximately 2.59M tokens. The company established a $300 million CHAD preferred stock offering to support further Solana accumulation. CHAD reached record trading highs despite the crypto market selloff and currently carries a 13% annual dividend rate. Nasdaq-listed DeFi Development Corp. has added approximately 22,070 SOL and SOL equivalents, increasing its Solana treasury to 2.59 million tokens. The latest addition, which is worth about $2.43 million, follows another series of acquisitions of digital assets made by the company amid market fluctuations.

This is an excerpt. The reporting belongs to Coin Gape News.

Read the full report on coingape.com
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