[Solana Treasury Company DFDV Increased Holdings by 47,700 SOL Last Week] BlockBeats News, September 28: Solana Treasury Company DeFi Development Corp. (Nasdaq: DFDV) announced that since September 21, it has added approximately 47,706 SOL to its holdings, bringing its total SOL and equivalents to approximately 2.538 million, with a total value of about $309 million, a 2% increase compared to last week. Since the announcement of its Q2 earnings on August 12, DFDV has cumulatively added over 226,000 SOL, representing a roughly 10% increase in holdings. The company stated that it will continue to expand its SOL reserves through purchases, staking, and validator node operations, leveraging the recently established $300 million CHAD ATM financing tool to support further acquisitions. Additionally, DFDV noted that its Nasdaq-listed variable-rate preferred stock, CHAD, currently has an annualized dividend yield of 13%. The company plans to use the income generated from SOL staking and validator node operations to provide a revenue source for CHAD dividends. [Original Link]