DEFI DEVELOPMENT CORP. (DFDV), the firm that quotes in Nasdaq that pursues a solana
The treasure strategy plans to get more dry dust to increase its sun battery.
According to a press release on Thursday, the company has secured a capital credit line of $ 5 billion with RK Capital Management. The agreement allows Defi dev to sell actions to its discretion, provided that it meets conditions such as presenting a resale registration before the US stock and values commission. UU. The company said it plans to present the necessary documentation soon.
“Now we have the flexibility and structure we need to climb,” said Joseph Onorati, executive director. “This is a clean and strategic path to continue cultivating sun by action and the performance of the compound validator.”
DFDV actions recovered from early losses and increased 12% during Thursday’s session.
The company, previously known as the Janover Real Estate Technology Platform, is part of an increasing trend of companies that are quoted in the stock market that collect funds selling shares and debts to add cryptocurrencies in its general balance, following the strategy book book with Bitcoin.
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The firm focuses on Solana, accumulating the native token of the network and the operational validators. It had more than 609.00 Tokens Sun as of May 16, for a value of $ 96 million at current prices.
The last movement occurs shortly after the firm withdrew a previous presentation for a sale of shares of $ 1 billion, with plans to refile again.