US stocks SOL treasury company DFDV financing 125 million US dollars to increase SOL holdings
2025-08-25 12:41:52
On August 25th, DeFi Development Corp (DFDV), a US stock SOL treasury company, announced today that it has signed a definitive agreement to raise $125 million equity at a price of $12.50 per share. The consideration of this issuance will be in the form of a combination of cash and hedged SOL, further strengthening DFDV's strategy to maximize the growth of Solana holdings per share (SPS). The net proceeds raised will be used to increase the holdings of spot SOL and discounted hedged SOL, thereby expanding the scale of treasury assets.
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