DeFi Development (DFDV) Announces $5B Equity Line of Credit

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Go back to DeFi Development (DFDV) Announces $5B Equity Line of Credit

DeFi Development Corp. Announces $5 Billion Equity Line of Credit

June 12, 2025 8:00 AM EDT

BOCA RATON, FL, June 12, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the Company or DeFi Dev Corp.), the first U.S. public company with a treasury strategy built to accumulate and compound Solana (SOL), today announced it has entered into a share purchase agreement (the ELOC) with RK Capital Management LLC (RK Capital).

Under the ELOC, the Company will have the right, but not the obligation, to issue and sell up to $5 billion in shares of its common stock to RK Capital, subject to customary conditions, including an effective registration... More