DeFi Development Corp. Files $200M ATM Equity Program to Fund SOL Purchases
DeFi Development Corp. (Nasdaq: DFDV) said in a May 4, 2026 GlobeNewswire release that it has launched a $200 million at-the-market (ATM) equity offering. The company expects to use the proceeds primarily to buy Solana (SOL), while also supporting general corporate needs and strategic initiatives. DeFi Development Corp. added that it will issue shares only when the issuance is accretive to shareholders, meaning it increases fully diluted SOL holdings per share.