2 hours ago

DeFi Development Buys $16M SOL at $111, But Stock Value Per Share Drops 25%

DeFi Development purchased 86,307 SOL for approximately $16 million at $110.91 increasing its treasury to 2,195,926 SOL worth $426 million, yet the company's SOL per share metric dropped 25% to $14.67 from $19.44 as warrant dilution outpaced treasury growth.

The post DeFi Development Buys $16M SOL at $111, But Stock Value Per Share Drops 25% appeared first on Cryptonews.

Source: Cryptonews →