First Solana Layer-2 Close to $50M as Company Plans $5B $SOL Investment

Description

In a move that’s shaking the market, publicly traded DeFi Development Corp. (DFDV) announced a staggering $5B equity line of credit with RK Capital. The firm has made its intentions clear. The entire $5B line will be used to acquire Solana ($SOL) , dramatically increasing its already substantial holdings. According to CEO Joseph Onorati, the strategy offers flexibility, allowing the company to raise capital gradually and only when it aligns with their core goal of increasing the $SOL per share ....