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2025-06-12 19:18:53
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decryptmedia.com on Nostr: decryptmedia.com ✍️ DeFi Development Corp. has entered into an agreement with RK ...



✍️ DeFi Development Corp. has entered into an agreement with RK Capital for a $5 billion equity line of credit, which will allow the company to raise capital gradually and purchase Solana.
👉 DeFi Development Corp. has entered into an agreement with RK Capital for a $5 billion equity line of credit
👉 The company will have the right to issue and sell up to $5 billion in shares of common stock to RK Capital
👉 The company plans to use the proceeds from the issuance and sale of shares to purchase Solana
👉 The company will only raise capital when it is in its best interest and will not raise for the sake of raising

#JosephOnorati #business


Solana treasury company DeFi Development Corp. established a major line of equity credit to buy even more SOL.
https://decrypt.co/324897/publicly-traded-solana-treasury-company-stack-5-billion

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