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DeFi Dev Corp. Secures Funding With $112.5M Convertible Note Sale, Aims to Purchase SOL

July 2, 2025
in Bitcoin
Reading Time: 1 min read
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DeFi Dev Corp. Secures Funding With $112.5M Convertible Note Sale, Aims to Purchase SOL
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DeFi Development Corp. priced a $112.5 million private offering of convertible senior notes due 2030, primarily to acquire solana ( SOL) tokens. $112.5M Offering Prices for DeFi Dev Corp. Convertible Notes The 5.5% notes, sold to qualified institutional buyers, carry an initial conversion price of $23.11 per share. According to the firm’s release, this represents […]
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