🚀 DeFi Development Corp. Secures $112.5M in Convertible Notes to Acquire Solana (SOL)

💸 Raised: $112.5 via 5.5% convertible notes, maturing in 2030

🪙 Allocation: $75.6M earmarked for purchasing SOL tokens

📉 Structure: Prepaid forward deal enables investor hedging against volatility

Big bet on Solana, strategic structure for flexibility. #CryptoFinance #Solana #DeFi #TrumpVsMusk #REX-OSPREYSolanaETF

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$SOL

SOL

86.98

-2.29%