The US stock SOL treasury company DFDV raised $125 million to increase its holding of SOL.

BlockBeats news, on August 25, the U.S. stock SOL treasury company DeFi Development Corp (DFDV) announced today that it has signed a final protocol to raise $125 million in equity financing at a price of $12.50 per share. The transaction is expected to be completed on August 28, 2025 (Thursday), subject to customary Delivery conditions. According to the terms of the subscription agreement, the company will sell a total of approximately 4.2 million shares of common stock (at a purchase price of $12.50 per share), as well as pre-funded warrants to subscribe for a total of approximately 5.7 million shares of common stock (at a purchase price of $12.4999 per share, with an exercise price of $0.0001 per share). The consideration for this issuance will be in the form of cash combined with a Lock-up Position of SOL, further strengthening DFDV’s strategy to maximize each share’s Solana holding (SPS) rise. The net funds raised will be used to increase Spot SOL holdings and discounted Lock-up Position SOL, thereby expanding the treasury asset scale.