DeFi Development Corp. (Nasdaq: DFDV) has announced a significant expansion of its treasury, now holding approximately 1,182,685 Solana $(SOL)$ and SOL equivalents, marking a notable increase from its previous balance. The company has successfully raised $20 million through an Equity Line of Credit, drawing just 0.8% of the total available capacity, with $4.96 billion still accessible. This latest capital infusion has enabled the purchase of 181,303 SOL, leading to a 12% week-over-week increase in its key performance metric, SOL per Share (SPS), which now stands at 0.0575. The newly acquired SOL will be held long-term and staked to generate native yield, contributing to the company's strategy of accumulating and compounding SOL.
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