MicroStrategy in the Solana world raised 1 billion to buy SOL, and JNVR has jumped nine times

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ABMedia
04-26
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Following MicroStrategy's Bitcoin reserve strategy's massive success, another wave of SOL reserve strategy has recently emerged. DeFi Development Company (DDC), led by former Kraken executives, is currently raising $1 billion to massively purchase Solana, with its stock price already surging ninefold.

Kraken Executives Join, DDC Officially Transforms in April

DeFi Development Company (DDC), formerly known as Janover, was a company focused on commercial real estate financing. Recently, it completed a transformation, officially entering the cryptocurrency market in early April and adopting a new financial strategy focused on acquiring and staking Solana (SOL) tokens.

DDC's new management team includes kr. These new executives not only possess possess extensive cryptocurrency market experience, but also at also plan to further expand the company's business through the Solana ecosystem,, includingaking SOand operating Solana network validator nodes to generate revenue and and expand their influence.

DDC has purchased 317,273 Bit, with a market value of approximately $48.1 million, representing a 1.59 market net asset (mN) due to its stock price surging 973% this month.

DDC Emulates MicroStrategy, Seeks to Raise $1 Billion to Buy SOL

DDC recently submitted a $to1 billion shelf offering to the to SEC), which will allow the company to issue stocks or bonds in stages to funds to purchase Solana tokens h2>

SOL Reserve Emergingnrisesefold span2>

MicroStrategy Leads the Trend, Comprehensive Guide for Bit Treasury Strategy Companies.

DDaC one of the first companies listed companies toana as a corporate financial strategy along strategy with companies like Sol Strategies, Upexi, and, who also view Solana as a potential growth opportunity.

Upexi, backed by the renowned cryptoto market maker GSrecently its over fivefold, demonstrating the rapid profit potential of method for crypto companies.

DDaC price (ticker JNVR) has risen 973% since April April, temporary circuit breaker triggered yesterday, showing investors' enthusiasm.

Risk Warning

Cryptocurrency investment carries high risk, prices with potentially significant price volatuility. may Your entire principal. Please carefully assess the risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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