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altcoinOct 12, 2026AI summary

DeFi Development Holds 2.59 Million SOL as Weekly Buying Slows

Nasdaq-listed DeFi Development continues adding Solana to its treasury, though weekly purchases are getting smaller as its CHAD preferred stock reaches a record.

DeFi Development Holds 2.59 Million SOL as Weekly Buying Slows

DeFi Development has increased its Solana treasury to roughly 2.59 million SOL, according to Decrypt.

The Nasdaq-listed company is continuing to buy SOL, but the amount it purchases each week has been declining.

Meanwhile, the firm's CHAD preferred stock has reached a record high, alongside the continued expansion of its SOL holdings.

Source: Decrypt

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