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DeFi Development Corp added another 55,491 SOL and opened a CHAD at-the-market program for its preferred stock, extending a fast-moving three-week run of capital markets activity.
The publicly traded company recently bought 19,000 SOL, bringing its treasury to more than 2.33 million SOL and SOL equivalents.
DeFi Development is offering preferred stock paying 13% annually to buy more Solana as treasury firms resume crypto buying.
Shares in DeFi Development Corporation UK jumped 83% to 21p after the company unveiled a name change, a boardroom overhaul and a sweeping reset of its financing arrangements. The group plans to rename itself Cykel AI, a move it said better reflects a strategic repositioning towards artificial...
DeFi Development (NASDAQ:DFDV) Chief Strategy Officer Dan Kang said the company is positioning itself as an amplified way for investors to gain exposure to Solana, arguing that digital asset treasury companies can outperform the crypto assets they hold when they grow token holdings per share over ti
Executives at DeFi Development (NASDAQ:DFDV) used the company’s monthly business recap and AMA to outline January operational updates, discuss market volatility, and provide context around capital allocation decisions, buybacks, and the firm’s longer-term strategy to expand beyond what they describe
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