DeFi Development Corp buys 5,346 Solana, lifting its treasury to about 2.595M SOL

DeFi Development Corp. added another 5,346 SOL to its treasury, bringing its total stash to approximately 2,595,612 SOL. The Nasdaq-listed company, which trades under the ticker DFDV, disclosed the purchase as of October 26, 2026. Its previous reported balance was 2,590,266 SOL in mid-October. A steady drip of SOL purchases Recent purchases, according to the company’s disclosures, include: 47,706 SOL in late September 22,070 SOL in early October 3,983 SOL on October 16 5,346 SOL as of October 26 The firm funds these purchases largely through public-market capital raises. The company has raised hundreds of millions of dollars since 2025 to bankroll its SOL accumulation. The SOL does not just sit in a vault, either. DeFi Development Corp. runs its own validators and stakes its holdings to earn rewards. The dividend bump and the Alpenglow backdrop Alongside the treasury update, the company announced a higher payout on its Variable Rate Series C Perpetual Preferred Stock, which trades as CHAD. The annual dividend rate rises from 13% to 14%, effective November 2, 2026. The timing of the latest purchase also lines up with a notable moment for the Solana network itself. Solana’s Alpenglow...