DeFi Development Corp. Plans to Raise $20 Million to Increase SOL Holdings
DeFi Development Corp. (Nasdaq: DFDV) plans to publicly issue floating-rate Series C perpetual preferred stock, aiming to raise up to $20 million. The funds will be used to purchase more SOL, other crypto-related investments, and for general corporate purposes. The preferred stock has a set price of $10 per share, with an initial annual dividend rate of 13%. Last week, DFDV increased its holdings by approximately 19,000 SOL at an average price of $98.14, and currently holds about 2.33 million SOL and equivalent assets.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Pershing Square Reinvests 3.156 Million Shares in Netflix

Cryptocurrency Card Transactions Reach $1.076 Billion, Setting a Record

Ukraine Plans to Extend Agreement with the EU on Freight Transport Until 2027

Digital Day: What Professions Are Lacking in the Crypto Market and Where to Acquire Them

SEC and FDA sign 3-year market integrity pact

Hyperliquid in Talks with Kraken's Parent Company Payward for U.S. Expansion

Sui to Host 'Basecamp 2026' in Singapore, Highlighting Agentic Economy

DeFi Development prices $19.8M CHAD stock offering

Qualcomm Chip Prices Increase Starting September 1

Bitcoin's Share of Global Capital at 0.25%: Analysis of Historical Undervaluation Periods

Dragonfly Partner Omar Kanji Announces Departure

0km Car Registrations Fell 19% in August, 70% Were Imported

Preferred Stocks Trading at Up to 63% Discount, Board Accountability Raised

Dollar Share Rises to 57.13%, Foreign Exchange Reserves Decline

Ripple Surpasses Kraken as Top Investment Destination

Crypto Moves R$ 283 Billion in Brazil and Sets Record in the First Half of the Year

B.AI Daily Token Throughput Surpasses 1.1 Trillion, Accelerating the Scale Effect of AI Infrastructure

PONS Is Up Over 100x: Here's Why Traders Are Racing to WEEX
PONS has rocketed from a July low to a $300M+ market cap, posting single-day gains near 50%. Here's what's driving the rally and how to trade PONS spot and futures on WEEX.

Bitcoin: The Number of Addresses Holding Over One Million Dollars Soars in August

USDe: Ethena Turns to Wall Street to Boost Returns

A Contender for the Status of the First Self-Regulatory Organization for Crypto Exchanges Emerges in Russia

Robinhood Surge: Why UNI is Rising

Ethena × FalconX: The Private Creditization of Stablecoin Reserves

How short liquidations cleared $500B in crypto positions before institutional buyers took over

XRP ETF Surpasses US$ 500 Million in Assets in Nine Months

The Government Officialized New Salary Supplements for Security Forces: Who Receives Them and How Much

Bitcoin: Ark Invest Bets $37.4 Million on Block

Attacks on Logistics Infrastructure Change Job Market Geography: Where Demand for Workers is Growing

AI + Blockchain: Building Not a Narrative, But an 80 Billion Customer Gateway













