#SOLTreasuryFundraising

Key Institutional Moves in Solana Treasury Fundraising

1 DeFi Development Corp DFDV 100M Convertible Notes

DeFi Development Corp announced plans to raise 100 million through a private offering of convertible senior notes to build its SOL treasury and fund share repurchases

The notes mature in July 2030 with interest paid semiannually and are convertible into stock or cash under specified conditions

The strategy strengthens the treasury positions the firm ahead of potential US Solana ETF approvals and signals strong institutional confidence

2 DFDV Treasury Accelerator Global Franchise Expansion

DFDV launched the DFDV Treasury Accelerator a franchise model to incubate regional SOL treasuries worldwide

Partners include Kraken Pantera Capital RK Capital and Borderless Capital

The model involves equity stakes in regional treasuries enabling localized asset accumulation and governance without dilution

3 Classover Holdings 500M Convertible Notes

Nasdaq listed Classover Holdings plans to issue up to 500 million in senior convertible notes to fund its SOL treasury

About 80 percent of proceeds will purchase SOL including locked tokens at discounted rates

This move positions Classover among the top corporate SOL holders participating in the broader institutional accumulation trend

4 BIT Mining 200M to 300M SOL Reserve

BIT Mining Limited announced a plan to raise between 200 million and 300 million in multiple phases

Funds will be used to build a long term SOL treasury and operate validator nodes to earn staking rewards

5 Accelerate 151B to Build Largest SOL Treasury

Investment firm Accelerate led by Joe McCann aims to raise 151 billion to acquire over 73 million SOL

The funding structure includes private investment PIPE 800M SPAC merger 3588M convertible bonds 250M and SPAC warrants 1032M

The firm will stake holdings participate in governance and fuel ecosystem growth while critics warn