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Home›Crypto›Market Structure›Solana Treasury DeFi Development Corp seeks $20 millio…

Solana Treasury DeFi Development Corp seeks $20 million raise for SOL buys

Reported · Written up by our desk · Market Structure

Solana Treasury DeFi Development Corp is eyeing a $20 million raise to add to its holdings of Solana (SOL), according to Decrypt.

The company has already purchased 19,000 SOL, lifting its treasury to more than 2.33 million SOL and related SOL equivalents.

Decrypt also reports that the planned fundraising is intended to fund additional SOL buying as part of the firm\u2019s treasury strategy.

Latest closeSolana $100.03 ▼2.9%

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Sources

DecryptSolana Treasury DeFi Development Corp Eyes $20 Million Raise to Buy More SOL

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