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DFDV financing 125 million USD will expand SOL stock holdings.
[Chain News] On August 25, it was reported that the U.S. publicly listed company DeFi Development Corp. (Nasdaq: DFDV) announced that it has reached a final agreement to issue $125 million in stock at a price of $12.50 per share. The transaction is expected to be completed on Thursday, August 28, 2025, subject to customary closing conditions. The net proceeds will be used to purchase Spot SOL and discounted locked SOL, allowing the company to expand its treasury stock holdings. This transaction is an early financing for DFDV in 2025, including Convertible Bonds, PIP equity, and ELOC loans, bringing DFDV's total financing to over $370 million so far this year.