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Nasdaq-listed DeFi Development Corp proposes $20M preferred stock offering to acquire more Solana (SOL) and crypto assets
The company announced Monday its plan for a public offering of Variable Rate Series C perpetual preferred stock, with proceeds intended for additional SOL purchases and other crypto-related investments. The shares would have a $10 stated amount and a variable dividend rate, starting at 13% annually, with the first payment set for Oct. 1, 2026. On Monday, DFDV shares jumped 8.03%.
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