DeFi Development raises $125 million in equity offering at $12.50 per share

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DeFi Development Corp. Announces $125 Million Equity Raise to Accelerate Solana Treasury Growth

August 25, 2025 8:30 AM EDT

BOCA RATON, FL, Aug. 25, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the Company), the first US public company with a treasury strategy built to accumulate and compound Solana (SOL), today announced that it has entered into definitive agreements for a $125 million equity offering priced at $12.50 per share. The transaction is expected to close on Thursday, August 28, 2025, subject to customary closing conditions.

Pursuant to the terms of the subscription agreements, the Company is selling an aggregate of approximately 4.2 million shares of its common stock at a purchase price of $12.50 per... More