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News 2026-10-06 15:11 UTC

DeFi Development Corp. authorizes CHAD preferred stock buyback

DeFi Development Corp. has authorized a program to repurchase up to all outstanding shares of its CHAD preferred stock, including any future issuances. This move provides the company flexibility to buy back these securities if they trade below their $10 par value.

News 2026-10-06 12:10 UTC

DeFi Dev Corp authorizes CHAD preferred stock repurchase program

DeFi Development Corp. authorized a repurchase program for Variable Rate Series C Perpetual Preferred Stock (CHAD), covering up to all shares outstanding. Authorization extends to any CHAD issued in the future. Repurchases may be executed through open-market purchases or privately negotiated transactions. Program has n