๐จ Breaking News: DeFi Development Corp. is seeking to raise $100 million to purchase more $SOL and buy back its shares! ๐
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๐ข What's new?
โ DeFi Development Corp. (DFDV), the first publicly traded American company focused on accumulating $SOL, plans to raise $100 million through convertible bonds.
โ Goal: To purchase more $SOL and buy back its own shares.
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๐ก Why is this important?
โ This move strengthens the company's strategy based on Solana.
โ The convertible bonds demonstrate the company's confidence in the growth potential of $SOL.
โ Share buybacks indicate potential value in the company's stock.
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๐ Outlook:
โ This investment could increase the company's exposure to $SOL.
โ It may contribute to supporting the price of $SOL by increasing institutional demand.
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โ Do you think that the strategy of companies focusing on accumulating specific cryptocurrencies will become a mainstream model?
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