---
title: "DeFi Development Corp CEO Says CHAD Borrowed From Strategy and Strive Preferred Stock Designs"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/299365504.md"
description: "DFDV rose more than 10% to $5 on the day, according to a post by BitcoinTreasuries.NET on X. According to ChainCatcher, DeFi Development Corp CEO Joseph Onorati said his team closely observed Strategy and Strive as they developed STRC and SATA, and that the company’s new Solana-backed preferred stock, CHAD, drew on those examples."
datetime: "2026-09-17T20:54:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/299365504.md)
  - [en](https://longbridge.com/en/news/299365504.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/299365504.md)
generator: "portal-rs"
---

# DeFi Development Corp CEO Says CHAD Borrowed From Strategy and Strive Preferred Stock Designs

DFDV rose more than 10% to $5 on the day, according to a post by BitcoinTreasuries.NET on X. According to ChainCatcher, DeFi Development Corp CEO Joseph Onorati said his team closely observed Strategy and Strive as they developed STRC and SATA, and that the company’s new Solana-backed preferred stock, CHAD, drew on those examples.

### Related Stocks

- [DFDV.US](https://longbridge.com/en/quote/DFDV.US.md)
- [CHAD.US](https://longbridge.com/en/quote/CHAD.US.md)
- [BSOL.US](https://longbridge.com/en/quote/BSOL.US.md)
- [SOLZ.US](https://longbridge.com/en/quote/SOLZ.US.md)
- [FSOL.US](https://longbridge.com/en/quote/FSOL.US.md)
- [TSOL.US](https://longbridge.com/en/quote/TSOL.US.md)
- [GSOL.US](https://longbridge.com/en/quote/GSOL.US.md)
- [SATA.US](https://longbridge.com/en/quote/SATA.US.md)
- [STRC.US](https://longbridge.com/en/quote/STRC.US.md)
- [STRD.US](https://longbridge.com/en/quote/STRD.US.md)

## Related News & Research

- [Strategy buys 811 Bitcoin for $65.5M, repurchases $208.2M in preferred shares](https://longbridge.com/en/news/303961658.md)
- [How banks are working with on-chain finance](https://longbridge.com/en/news/299789902.md)
- [Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) to Issue Dividend of $0.04](https://longbridge.com/en/news/303775088.md)
- [Solana Prepares for Alpenglow Network Upgrade as Traders Watch the $107 Price Mark](https://longbridge.com/en/news/301872318.md)
- [MSTR Stock Is Down 44% in a Year, but Michael Saylor Says Strategy Doesn’t Need Bitcoin Or Equity to Do the ‘Heavy Lifting’](https://longbridge.com/en/news/303701275.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**