DeFi Development Corp. raised $112.5M via convertible notes, targeting Solana (SOL) acquisition. 💰📈
• $112.5M convertible notes priced at 5.5% due 2030.
• $75.6M allocated to buy SOL tokens.
• Prepaid forward deal facilitates investor hedging.
• $112.5M convertible notes priced at 5.5% due 2030.
• $75.6M allocated to buy SOL tokens.
• Prepaid forward deal facilitates investor hedging.