CHAD Preferred Climbs Toward $10 as DeFi Development Common Drops 21% in a Week
Key Highlights: DeFi Technologies Inc. subsidiary DeFi Dev Corp. (DFDV) added 22,070 SOL to its reserves, bringing total holdings to 2,586,282 SOL. DFDV shares dipped ~21% across the week to $4.32, while its high-yield perpetual preferred stock (CHAD) traded near par value at $10. Capital raised through a $300 million CHAD at-the-market offering continues to ...