DeFi Development sees NAV per share more than doubling, holds 2.56 million SOL

UNCLASSIFIEDDeFi Development sees NAVper share more than doubling,holds 2.56 million SOL24IMPORTANCECLOSED4NEWS MEDIA4PIECESOct 5, 2026 14:35blockboard.net
In Solana DeFi

DeFi Development Corp said its Solana treasury reached about 2.56 million SOL and SOL equivalents, valued near $302 million, by the end of September. The company also said preliminary third-quarter estimates showed net asset value per share more than doubled over the period, and it made an initial dividend payment on its Nasdaq-listed CHAD preferred shares on October 1.

Share on X Share on Telegram Share on Reddit Share on WhatsApp

What this rests on

Claim by claim, with its source
✓
DeFi Development Corp said its Solana and SOL-equivalent holdings reached about 2.56 million tokens by September 30.
DeFi Development Doubles NAV Per Share as Solana Treasury Hits 2.56M SOL
✓
The company said those holdings were valued at about $302 million as of September 30.
DeFi Development Doubles NAV Per Share as Solana Treasury Hits 2.56M SOL
✓
A later SEC filing said the SOL stash grew 1% and that the latest weekly increase was about half the prior week’s gain and below the pace seen in mid-September.
DeFi Development Corp Adds $3 Million in Solana as SOL Buys Slow
✓
Preliminary third-quarter estimates showed NAV per share increased by more than 100% between August 12 and September 30.
DeFi Development Corp SOL Treasury Hits 2.56M As Preliminary NAV Doubles
✓
The company said it added about 26,203 SOL since September 28.
DeFi Development Corp SOL Treasury Hits 2.56M As Preliminary NAV Doubles

What it means

Who it affects, what changes and what is still unconfirmed

Each sentence links inside to the piece that supports it.

For holders and observers of DeFi Development Corp, the immediate takeaway is that the company is still reporting a larger Solana treasury and a higher stated net asset value per share. Anyone tracking the Nasdaq-listed name will also see that the first dividend on its CHAD preferred shares was paid on October 1.

Compared with earlier reporting periods, the company’s filings now describe a slower weekly increase in SOL and SOL-equivalent holdings. What remains in place is the treasury strategy itself, since the company still reports a reserve built around Solana holdings and a stated dollar value for that reserve.

Market reaction

SO Solana the event is about this asset from 2 h before to 4 h after the line marks the first headline
published
+0.49 % before publication
-0.89 % after
$121price at publication
12series points

How the story was built

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 5 14:33
+4 h 29 m
Oct 5 19:01
+7 h 15 m
Oct 5 21:48
+1 d 1 h
Oct 6 16:00
Bitcoinist echo
No new facts: shareholders, management, including; with quotes

Has this happened before?

WhenWhat happenedFigure
12 days ago Ondo liquidity spreads across chains – Solana leads, Ethereum’s share drops to 52% event 1 actors in common · 2 news media
13 days ago Crypto job postings triple to over 1,200 in September, but applications fall event 1 actors in common · 4 news media
14 days ago Token Unlocks Reported Above $1.935 Billion Over the Next Month event 1 actors in common · 2 news media
14 days ago OUSD is live. Businesses and developers can now start using Open USD (OUSD) to build internet-native financial services and products. Read the post event 1 actors in common · 2 news media
14 days ago Powerus went public Thursday. By Friday, its shares were on Solana event 1 actors in common · 2 news media