From Cointelegraph

April 26, 2025 09:02:00 AM:

DeFi Development Corp plans to raise $1 billion for investment in Solana, the sixth-largest crypto. The Nasdaq-listed company aims to use the funds for general corporate purposes and acquiring SOL tokens. The firm’s recent shift from real estate financing to crypto investment has drawn comparisons to Michael Saylor’s Bitcoin strategy. Regulatory concerns remain for Solana investments due to unclear crypto regulations. Despite concerns, the firm’s share price rose by over 12% after adding $11.5 million worth of Solana tokens to its treasury.

Read more at Cointelegraph: DeFi Development seeks $1B to boost Solana investments, expand treasury