According to online reports, DeFi Development (DFDV), a Nasdaq-listed company, announced that it will pay a special dividend in the form of warrants to holders of common shares as of October 23, 2025. Based on the share of common shares and convertible senior notes currently issued, the company expects to allocate up to approximately 3.3 million warrants. Each warrant will give the holder the right to subscribe for one common share at an exercise price of US$22.50. Assuming that all shareholders exercise the warrants, The company will receive $73.5 million in funding to fund the acquisition of SOL and working capital.