DEFI DEVELOPMENT CORP. Form 8-K Filing - Cash Dividend Declaration

On September 15, 2026, DEFI DEVELOPMENT CORP. announced its board of directors declared cash dividends for its Variable Rate Series C Perpetual Preferred Stock (CHAD Stock). Dividends of $0.07944 per share were declared for the period from September 8, 2026, to October 1, 2026. Additionally, daily cash dividends of $0.00516 per share were declared for each business day from October 1, 2026, to October 30, 2026. This represents an annualized dividend rate of 13.00% on the CHAD Stock. Daily payments will be made to stockholders of record on the preceding business day. The filing also provides details on U.S. federal income tax considerations for both U.S. and non-U.S. holders of CHAD Stock, noting that the company does not expect to have sufficient earnings and profits for distributions to be treated as dividends.