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Company Whose $1 Billion Purchase of This Altcoin Was Blocked by the SEC Makes a New $5 Billion Announcement Today

The $5 billion announcement came from the company, which had to withdraw its $1 billion application, which included the purchase of altcoins yesterday.

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DeFi Development Corp. has announced that it has secured a $5 billion equity capital pipeline. Through this strategic financing structure, the company will be able to raise capital without the price lock-in associated with market volatility, thus continuing to accumulate Solana (SOL).

It was stated that this step aims to increase the company’s “SOL Per Share” (SPS) and multiply its validator returns in the long term.

“Thanks to this structure, we can carry out capital increases according to our company’s strategic timing and accelerate SPS growth,” DeFi Development Corp said in a statement.

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Unlike traditional equity offerings, the equity capital line structure aims to create long-term shareholder value by offering flexibility even during periods of price volatility.

The company also reported that it has filed Form S-1 with the U.S. Securities and Exchange Commission (SEC) for registration of previously unregistered securities due June 11, 2025.

“We now have the flexibility and structure to support our growth. This is a clean and strategic way to increase SPS and multiply validator yield,” said Joseph Onorati, CEO of DeFi Development Corp.

*This is not investment advice.

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