A strategic share line gives the Nasdaq-listed company flexibly $ 5 billion in purchasing power for SOL tokens while compiling strike yields in a daring crypto treasure box game.
On June 12, Solana (SOL)–oriented announced on Crypto Treasury company Defi Development Corp. It has obtained a credit line of $ 5 billion to accumulate extra SOL tokens and to accelerate its SOL per share (SPS) metric.
According to the rackDefi Development has concluded a share purchase agreement with RK Capital Management LLC to issue and sell ordinary shares to collect the funds. The company expects to gain access to the facility after meeting the usual conditions, including submitting a registration statement on form S-1 to the US Securities and Exchange Commission.
In contrast to a fixed price with large price in advance, the agreement uses a “capital-on-demand” model, which gives defi-development flexibility to gradually attract capital and time implementations with favorable market conditions.
The company said that this structure enables it to scale on its own conditions, while the revenue of the validator is combined and maximizes the value of the long -term shareholders without increasing prices during market volatility.
“We now have the flexibility and structure that we need to scale,” said Joseph Onorati, Chief Executive Officer. “This is a clean, strategic path to continue to grow Sol per share and the proceeds from the validator.”
The move marks an important milestone for Defi development, the first listed American company to assume a treasury policy-oriented policy. According to the statement, the strategy was designed to provide investors direct exposure to SOL and at the same time support the broader growth of the Solana Ecosystem.
The facility of $ 5 billion positions Defi development as a central liquidity engine within the Solana network, while traditional investors offer access to blockchain-native returns. The company’s validator strategy generates rewards and delegation costs, strengthening the decentralization of Solana and the coordination of the dual role as both investors and infrastructure operator with long-term ecosystem health.
Previously a software company in real estate, known as Janover, Defi Development played in a Solana-Native strategy in April after a group of former Kraken-executives acquired a majority stake.
From the last reported acquisition on 15 May, the company bought 16,447 Sol for $ 2.3 million. It now has a total of 609,190 SOL, worth more than $ 97 million at the current prices.