US-listed SOL Treasury Firm DFDV Raises $125 Million to Increase SOL Holdings
On August 25, it was reported that US-listed SOL treasury company DeFi Development Corp (DFDV) announced today that it has signed a definitive agreement to raise $125 million in equity financing at a price of $12.50 per share. The consideration for this issuance will be a combination of cash and locked-up SOL, further strengthening DFDV’s strategy to maximize growth in Solana per share (SPS). The net proceeds will be used to increase holdings of spot SOL and discounted locked-up SOL, thereby expanding the size of the treasury assets.
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