JUST IN ⚡

DeFi Development authorizes a full buyback of all CHAD preferred shares. 🔄

The option activates if the price falls beneath the $10 par value, shielding investors. 📉 Management cites recent market volatility as the trigger. The buyback covers the entire outstanding CHAD preferred pool. Analysts see the move as a defensive measure to stabilize pricing.

The buyback is now in effect. ✅

$ORCA, $NMR, $ORCA