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DeFi Dev Corp Launches $300M ATM Offering to Boost Solana Treasury

The Block Read original source (opens in a new tab)
The Story

News Summary

  • DeFi Development Corp.
  • expanded its Solana treasury to approximately 2.39 million SOL and established a $300 million at-the-market preferred stock offering.
  • Net proceeds will primarily fund additional SOL token acquisitions to expand its staking yield and capital accumulation flywheel.
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SOLUSD price history

97.12 +16.20% over the displayed period

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