DeFi Dev Corp raises ~$124M in equity, purchases $77M SOL; total Solana holdings 1.83M

DeFi Development Corp.

Issued 4,171,907 shares at $12.50 and 5,781,636 pre-funded warrants at $12.4999 in private placement.
Acquired 407,247 SOL at avg $188.98, funded by equity proceeds; total SOL & equivalents now 1,831,011 (~$371M).
Current SOL per share (SPS) 0.0864 ($17.52); fully diluted share count ~31M, SPS expected above 0.0675.
Over $40M net proceeds remain for future SOL purchases and treasury operations.
Shares outstanding after offering (including new shares) ~25.4M; press release reports ~21M excluding new issuance.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.