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DEFIPMENT CORP. On Thursday, 17% increased after the company revealed that in the aggressive strategy of the cash register, the treasury strategy was acquired by Solana worth $ 2.7 million.
Key with you:
- DEFIPMENT CORP. They increased by 17% after the announcement of Solan’s purchase of $ 2.7 million.
- Solana Holdings now a total of 640 585 Sol, worth about $ 98 million.
- Define Corp. It plans to get $ 112.5 million to support its strategy focused on Solan.
The company said it purchased 17,760 SOL chips at an average price of $ 153.10, which, according to A and according to A and according to A and according to A, according to A. Thursday’s press release.
Define Corp. She stated that she plans to hold the newly acquired solana in the long term and will bet chips to earn additional yield.
Investors responded positively to this announcement, while shares (DFDV) climbed to $ 23.80 at the end of trading and, according to Google Finance, grow by another 0.8% in clock trading to end up to $ 24.
The two -day rally has noticed that the shares will jump almost 30% of Wednesday’s minimum of $ 18.47, although the shares remain 33% below its peak $ 35.53. Shares increased by more than 2,700%year -on -year.
Purchase comes despite recent financial winds for the company.
In his report March Quarter, Defi Development Corp. It showed a 30% decrease in net income and 15.5% decrease in net profit compared to the same period last year.
In letter 2 July, management emphasized the plans to maintain flexible capital and protect investors from short -term liquidation risks and added that its balance sheet is designed to resist the long -term market decline.
Messages: Defi Development Corp (NASDAQ: $ Dfdv) Bought 17,760 coins of Solana for $ 2.72 million.
This will bring the total company Solana Holdings to 640 585 $ SolCurrently, around $ 98.1 million – it will make it one of the largest public holders of Solana.
Newly acquired … pic.twitter.com/bdftgzhbh4
– Crypto Coin Show (@cryptoCOINSHow) 4th July 2025
At the beginning of this week, the company announced plans to obtain $ 112.5 million through private placements that are expected to close on Monday.
From the yield with $ 75.6 million will go to a prepaid purchase of shares, while the rest will finance general corporate purposes, including other Solan purchases.
Although Defi Development Corp. Last month after the SEC release, he won a separate investment plan Solana of $ 1 billion after the SEC problem, the last step underlines its continuing commitment to expand its treasury Krypto.
Sol Sol Strategies doubles to the Treasury of Solana
Define Corp. It is not the only fixed betting on the solana.
The Canadian Sol Strategies Sol Strategies, which are already traded on the Canadian stock exchange, hold over 420,000 SOL tokens and stand up as an important institutional player in Solana ecosystem.
Last month a company Also filed for a list of their ordinary shares On the main market of Nasdaq under Ticker “Stke” when it increases expansion in the US.
In their submission, SEC has emphasized Sol strategies on the solan and quoted the growing role of blockchain in the tokenization of assets and digital infrastructure as key drivers for future growth.
The company also has Ensured a convertible remark of $ 500 million The facility is earmarked for obtaining and setting up another SOL, which further harmonies its strategy of the Treasury with the Solan Economy.
As a foreign private issuer, SOL strategies will continue to follow Canadian administrative practices, giving it flexibility compared to American corporate rules.
The company recently filed $ 1 billion in Canada to build a financial firepower for Solan’s initiatives.
Contribution NASDAQ BLISHED DEFFUL DEVELOPMENT CORP. Sets 17% after purchase of $ 2.7 million He appeared for the first time Cryptonews.
