other material
confidence high
sentiment positive
materiality 0.55
DeFi Dev Corp. boosts SOL holdings to 1.18M, raises $20M from equity line
DeFi Development Corp.
- Holds 1,182,685 SOL and SOL equivalents (~$218M); SOL per share rose 12% to 0.0575.
- Raised ~$20M net from ELOC by issuing 975,000 shares; total shares outstanding 20,556,103.
- Purchased 181,303 SOL at avg $155.33 for ~$28M, funded primarily by ELOC proceeds.
- Month-to-date ELOC proceeds $39M; $4.96B remains available under facility.
- New SPS Forecasting Calculator launched to model growth based on capital raising and yield.