DeFi Development enters master loan agreement with BitGo; draws 75,000 Solana at 12.5%

DeFi Development Corp.

Master Loan Agreement with BitGo Hong Kong allows DeFi Development to borrow digital assets or cash under a revolving framework.
Initial draw of 75,000 Solana at a loan fee of 12.5% per annum, maturing November 25, 2025.
Loan collateralized at 250% initial collateral level; margin call triggered at 200%.
Company's Solana treasury assets serve as collateral; borrower must post additional if margin call threshold breached.
Facility secured, with standard events of default including failure to maintain collateral.

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