Solana Treasury Firm Dangles 13% Dividends to Bankroll Its Next SOL Buys
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4 Articles
Solana Treasury Firm DFDV Unveils 13% CHAD Stock Dividend to Fuel More SOL Buying
TL;DR DFDV plans to raise up to $20 million through CHAD Stock, a perpetual preferred security with an initial 13% annual dividend rate. Most proceeds can support additional SOL purchases and other corporate uses. The company already holds about 2.33 million SOL and equivalents after buying roughly 19,000 SOL at $98.14, reinforcing its strategy of ...
DeFi Development Corp. seeks to capture up to $20 million through perpetual preferential shares to finance new SOL purchases, while its securities accumulate a strong monthly raise and the company promises a reserve to cover the first year of dividends.
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...
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