The Solana Wave Hits: DDC Raises One Billion Dollars to Lead New Strategy
Following MicroStrategy's lead in the Bitcoin reserve wave, DDC is sparking a new trend focused on SOL. This company, led by former Kraken executives, is raising one billion dollars with plans to significantly purchase SOL, whose stock price has skyrocketed ninefold.
Originally named Jan over, DDC transformed in April to enter the crypto market, focusing on acquiring and staking SOL tokens. The new management team plans to expand its business through the SOL ecosystem, including operating validation nodes.
To date, DDC has acquired 317,273 Bitcoins, with a market value of approximately 48.1 million dollars, and its stock price surged 973% this month. Recently, DDC submitted a one billion dollar shelf offering application to the SEC to raise funds in phases. However, as many companies imitate MicroStrategy, DDC has become one of the first publicly traded companies to adopt SOL as a financial strategy.
Another noteworthy point is that SOL has capitalized on the retail favorite meme sector, creating a new wave of memes! Those with spare cash are also daring to early invest in some promising meme coins. Among them, the meme coin associated with Trump is particularly popular, especially the hero dog Co nan, backed by Trump's strong IP and active community, with a market value of only about 7.9 million dollars, and the number of holders has exceeded 12.1K and continues to grow, making it highly promising to become a dark horse in the bull market!
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$SOL $ETH $DOGE
