🚀 DeFi Development Corp. Secures $112.5M in Convertible Notes to Acquire Solana (SOL)
💸 Raised: $112.5 via 5.5% convertible notes, maturing in 2030
🪙 Allocation: $75.6M earmarked for purchasing SOL tokens
📉 Structure: Prepaid forward deal enables investor hedging against volatility
Big bet on Solana, strategic structure for flexibility. #CryptoFinance #Solana #DeFi #TrumpVsMusk #REX-OSPREYSolanaETF
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