Solana’s MicroStrategy announces 100 million USD stock offering for SOL purchases

DeFi Development is pursuing a 100 million USD offering to buy Solana (SOL). The notes could raise up to 125 million USD but follow a drop in stock price, indicating mixed investor sentiment.

After rebranding from Janover, DeFi Development faces uncertainties linked to Solana’s price fluctuations, which could affect their acquisition efforts and overall market influence.

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