Solana Treasury Firm Dangles 13% Dividends to Bankroll Its Next SOL Buys
DeFi Development Corp. plans to raise up to $20 million through a preferred stock offering. It carries an initial annual dividend rate of 13%. The Solana (SOL) treasury company intends to use part of the proceeds to buy more SOL. It resumed accumulation last week as market conditions turned more favorable. What the Preferred Stock The post Solana Treasury Firm Dangles 13% Dividends to Bankroll Its Next SOL Buys appeared first on BeInCrypto.
Key Takeaways
- DeFi Development Corp.
- plans to raise up to $20 million through a preferred stock offering.
- It carries an initial annual dividend rate of 13%.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
U.S. looks to influence Japan's monetary policy. It couldn't do that with bitcoin
Your day-ahead look for Sept. 1, 2026
How short liquidations cleared $500B in crypto positions before institutional buyers took over
Crypto added roughly $500 billion in market value in a matter of days as Bitcoin ran from about $63,500 toward $80,000 last week. A liquidation squeeze powered much of the first phase, and regulated investment products then supplied fresh capital once forced…
Singapore proposes 100% reserves and a ban on yields for stablecoin issuers
The country’s financial watchdog says its proposed stablecoin rules are aligned with U.S. and EU frameworks and that it also paves the way for the recognition of foreign stablecoin.