{
  "story_id": "c31b7d90a99ec96169dc59c5246d7db4",
  "desk": "drm3",
  "revision": 1,
  "published_at": "2026-09-01T18:00:50.000Z",
  "content_hash": "89469c8bd1f1be05855739075afa6d771a9401b8faeec4c186e5fc0126b96ad5",
  "hash_basis": "sha256 over `headline\\ndek\\nprose`, plus `\\n` + the canonical citations JSON when any source is placed, plus `\\n#blog` for blogs",
  "basis": {
    "headline": "DeFi Development Corp. Plans $20M Perpetual Preferred Stock Offering",
    "dek": "DeFi Development Corp. plans a $20 million per petual preferred stock offering paying 13% annual dividends",
    "prose": "DeFi Development Corp. announced plans to conduct an initial public offering of up to $20 million in shares of its Variable Rate Series C Perpetual Preferred Stock, known as CHAD Stock. [^1]\n\nDeFi Development Corporation (DFDV) announced on September 1, 2026, that it would raise up to $20 million from an upcoming issuance of CHAD stock to fund its Solana treasury accumulation. [^2]\n\nDeFi Development Corp. expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares offered in its preferred stock offering. [^3]\n\nThe CHAD Stock carries a stated value of $10.00 per share and is expected to accrue cumulative dividends at an initial annual rate of 13.00%, payable daily. [^4]\n\nThe first regular dividend payment on the CHAD Stock is scheduled for October 1, 2026, and the stock is perpetual with no stated maturity date. [^5]\n\nDFDV currently holds the third-largest Solana treasury with more than 2 million SOL as of late August 2026. [^6]\n\nThe CHAD stock issuance is structured as a preferred share that will pay investors a 13% yearly dividend in the form of daily payments. [^7]\n\nThe memecoin launchpad Pump.fun sold 132,000 SOL on September 1, 2026, contributing to a cumulative total of 5,110,924 SOL sold on the network. [^8]",
    "cited": "[{\"statement\":\"DeFi Development Corp. announced plans to conduct an initial public offering of up to $20 million in shares of its Variable Rate Series C Perpetual Preferred Stock, known as CHAD Stock.\",\"source\":\"Investing.com\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-08-31T21:57:02.000Z\",\"publisher_count\":1,\"sources\":[\"Investing.com\"]},{\"statement\":\"DeFi Development Corporation (DFDV) announced on September 1, 2026, that it would raise up to $20 million from an upcoming issuance of CHAD stock to fund its Solana treasury accumulation.\",\"source\":\"AMBCrypto\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-09-01T18:00:50.000Z\",\"publisher_count\":1,\"sources\":[\"AMBCrypto\"]},{\"statement\":\"DeFi Development Corp. expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares offered in its preferred stock offering.\",\"source\":\"Investing.com\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-08-31T21:57:02.000Z\",\"publisher_count\":1,\"sources\":[\"Investing.com\"]},{\"statement\":\"The CHAD Stock carries a stated value of $10.00 per share and is expected to accrue cumulative dividends at an initial annual rate of 13.00%, payable daily.\",\"source\":\"Investing.com\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-08-31T21:57:02.000Z\",\"publisher_count\":1,\"sources\":[\"Investing.com\"]},{\"statement\":\"The first regular dividend payment on the CHAD Stock is scheduled for October 1, 2026, and the stock is perpetual with no stated maturity date.\",\"source\":\"Investing.com\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-08-31T21:57:02.000Z\",\"publisher_count\":1,\"sources\":[\"Investing.com\"]},{\"statement\":\"DFDV currently holds the third-largest Solana treasury with more than 2 million SOL as of late August 2026.\",\"source\":\"AMBCrypto\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-09-01T18:00:50.000Z\",\"publisher_count\":1,\"sources\":[\"AMBCrypto\"]},{\"statement\":\"The CHAD stock issuance is structured as a preferred share that will pay investors a 13% yearly dividend in the form of daily payments.\",\"source\":\"AMBCrypto\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-09-01T18:00:50.000Z\",\"publisher_count\":1,\"sources\":[\"AMBCrypto\"]},{\"statement\":\"The memecoin launchpad Pump.fun sold 132,000 SOL on September 1, 2026, contributing to a cumulative total of 5,110,924 SOL sold on the network.\",\"source\":\"AMBCrypto\",\"instrument\":\"News\",\"claim_key\":null,\"published_at\":\"2026-09-01T18:00:50.000Z\",\"publisher_count\":1,\"sources\":[\"AMBCrypto\"]}]",
    "kind": "news"
  },
  "receipt_verify": "Ed25519 over the dot-joined string `slice_hash.cursor_from.cursor_to.view.view_version.row_count`; public_key and sig are base64url of the raw 32-byte key / 64-byte signature",
  "receipt": null,
  "receipt_note": "this revision predates receipt-keeping (before v0.37.0); the filed row lives in the record",
  "generation_chain": {
    "wire": {
      "stream": "fountain_news",
      "story_id": "b77623598bb9b6a34a756734d010b980",
      "thread_id": "ec48faa770172ba492c3e7537e41ff9e",
      "thread_label": "CHAD Stock",
      "novelty": "UPDATE",
      "content_hash": "c291ca78f99ba03499bb05baaac934dcd2abf69e4a9e625b137eb8359d87e5b2",
      "last_published_at": "2026-09-01T18:00:50.000Z",
      "read_receipt": {
        "slice_hash": "6164a026d6bfe159c1f84943caeac8778f475f6a8aea455696e4d1b807385579",
        "cursor_from": "eyJ0cyI6IjIwMjYtMDktMDFUMTc6NTU6MjkuMDAwMDAwWiIsImlkIjoiYTJlMjk0ZmU2NGU5YmQ1NTY5ODRiYWI5YjcwNDIzNDMiLCJ2IjoiMSJ9",
        "cursor_to": "eyJ0cyI6IjIwMjYtMDktMDFUMTg6Mjc6MzYuMDAwMDAwWiIsImlkIjoiMTYzMzQ3YTc2ZmVlNTI5NzE4YzVkMjAxMThiZDE3MmQiLCJ2IjoiMSJ9",
        "view": "v_fountain_news",
        "view_version": "1",
        "row_count": 100,
        "window_days": 3,
        "bytes_scanned": 12017721,
        "credits": 8,
        "price_per_100_rows": 8,
        "sig": "46EE_dgLVCZk249BKklFjCWXVeyvl1rpzfin_4LR2uEbWQxkiI1WHiSTjvv9a1JpcYPQrayRMcNn8Lo7CVefCQ",
        "public_key": "bMUigy8O0jOnBxQ4Sc-5lwhIZ8LQVAhxMbR7qESVuUE",
        "signer_path": "lakehouse/data-extract/v1",
        "alg": "Ed25519",
        "signed": true
      }
    },
    "written_at": "2026-09-02T22:10:55.789Z"
  },
  "cited_facts": [
    {
      "statement": "DeFi Development Corp. announced plans to conduct an initial public offering of up to $20 million in shares of its Variable Rate Series C Perpetual Preferred Stock, known as CHAD Stock.",
      "source": "Investing.com",
      "instrument": "News",
      "claim_key": null,
      "published_at": "2026-08-31T21:57:02.000Z",
      "publisher_count": 1,
      "sources": [
        "Investing.com"
      ]
    },
    {
      "statement": "DeFi Development Corporation (DFDV) announced on September 1, 2026, that it would raise up to $20 million from an upcoming issuance of CHAD stock to fund its Solana treasury accumulation.",
      "source": "AMBCrypto",
      "instrument": "News",
      "claim_key": null,
      "published_at": "2026-09-01T18:00:50.000Z",
      "publisher_count": 1,
      "sources": [
        "AMBCrypto"
      ]
    },
    {
      "statement": "DeFi Development Corp. expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares offered in its preferred stock offering.",
      "source": "Investing.com",
      "instrument": "News",
      "claim_key": null,
      "published_at": "2026-08-31T21:57:02.000Z",
      "publisher_count": 1,
      "sources": [
        "Investing.com"
      ]
    },
    {
      "statement": "The CHAD Stock carries a stated value of $10.00 per share and is expected to accrue cumulative dividends at an initial annual rate of 13.00%, payable daily.",
      "source": "Investing.com",
      "instrument": "News",
      "claim_key": null,
      "published_at": "2026-08-31T21:57:02.000Z",
      "publisher_count": 1,
      "sources": [
        "Investing.com"
      ]
    },
    {
      "statement": "The first regular dividend payment on the CHAD Stock is scheduled for October 1, 2026, and the stock is perpetual with no stated maturity date.",
      "source": "Investing.com",
      "instrument": "News",
      "claim_key": null,
      "published_at": "2026-08-31T21:57:02.000Z",
      "publisher_count": 1,
      "sources": [
        "Investing.com"
      ]
    },
    {
      "statement": "DFDV currently holds the third-largest Solana treasury with more than 2 million SOL as of late August 2026.",
      "source": "AMBCrypto",
      "instrument": "News",
      "claim_key": null,
      "published_at": "2026-09-01T18:00:50.000Z",
      "publisher_count": 1,
      "sources": [
        "AMBCrypto"
      ]
    },
    {
      "statement": "The CHAD stock issuance is structured as a preferred share that will pay investors a 13% yearly dividend in the form of daily payments.",
      "source": "AMBCrypto",
      "instrument": "News",
      "claim_key": null,
      "published_at": "2026-09-01T18:00:50.000Z",
      "publisher_count": 1,
      "sources": [
        "AMBCrypto"
      ]
    },
    {
      "statement": "The memecoin launchpad Pump.fun sold 132,000 SOL on September 1, 2026, contributing to a cumulative total of 5,110,924 SOL sold on the network.",
      "source": "AMBCrypto",
      "instrument": "News",
      "claim_key": null,
      "published_at": "2026-09-01T18:00:50.000Z",
      "publisher_count": 1,
      "sources": [
        "AMBCrypto"
      ]
    }
  ],
  "note": "A signature proves who filed this and that it has not changed since. It never makes a claim true."
}