Nasdaq Company Raises $20 Million to Buy SOL — Another MicroStrategy Playbook
MicroStrategy’s playbook is back — someone’s copying it again. This time, they’re copying Solana.
DeFi Development Corp, a company listed on Nasdaq, is issuing preferred stock to raise funds directly.
2.2 million shares at $9 per share — roughly $19.8 million total. Most of it is planned to be used to buy SOL.
The CEO is blunt: the money is mainly for buying SOL. The company’s strategy is simply to hoard coins and stake them.
Last week, it just bought 19,000 SOL at an average price of $98. Now 2.33 million SOL is sitting in its treasury, worth $236 million.
Even the stock ticker was changed to CHAD — it’s basically writing its ambition on the front page.
Is this playbook familiar? MicroStrategy buys BTC. This Nasdaq-listed company buys SOL. Treating coins as treasury assets has already become a new trend.
Back then, it was retail investors hyping it up. Now public companies are backing it with real money — the “gold content” is completely different.
Can SOL replicate BTC’s playbook? No one can guarantee it, but the fact that institutions are moving in is, by itself, a clear signal.
The coin-hoarding model has a hard drawback: when the coin price swings, the financial reports swing right along like a roller coaster. Numbers on the balance sheet can’t lie.
It’s easy to learn MicroStrategy. The hard part is surviving the volatility. Before you copy the homework, ask yourself whether you can really hold on.
Which company do you think will be the next one to heavily hoard coins? Drop your guess in the comments.
Every day, I’ll bring you the SOL hotspots — not just what’s happening in the news, but also help you understand the logic and opportunities behind it 👀🚀
Click the link below to follow me 👇🏻
👉 加入小恐龙粉丝群
#Solana #SOL #机构囤币
MicroStrategy’s playbook is back — someone’s copying it again. This time, they’re copying Solana.
DeFi Development Corp, a company listed on Nasdaq, is issuing preferred stock to raise funds directly.
2.2 million shares at $9 per share — roughly $19.8 million total. Most of it is planned to be used to buy SOL.
The CEO is blunt: the money is mainly for buying SOL. The company’s strategy is simply to hoard coins and stake them.
Last week, it just bought 19,000 SOL at an average price of $98. Now 2.33 million SOL is sitting in its treasury, worth $236 million.
Even the stock ticker was changed to CHAD — it’s basically writing its ambition on the front page.
Is this playbook familiar? MicroStrategy buys BTC. This Nasdaq-listed company buys SOL. Treating coins as treasury assets has already become a new trend.
Back then, it was retail investors hyping it up. Now public companies are backing it with real money — the “gold content” is completely different.
Can SOL replicate BTC’s playbook? No one can guarantee it, but the fact that institutions are moving in is, by itself, a clear signal.
The coin-hoarding model has a hard drawback: when the coin price swings, the financial reports swing right along like a roller coaster. Numbers on the balance sheet can’t lie.
It’s easy to learn MicroStrategy. The hard part is surviving the volatility. Before you copy the homework, ask yourself whether you can really hold on.
Which company do you think will be the next one to heavily hoard coins? Drop your guess in the comments.
Every day, I’ll bring you the SOL hotspots — not just what’s happening in the news, but also help you understand the logic and opportunities behind it 👀🚀
Click the link below to follow me 👇🏻
👉 加入小恐龙粉丝群
#Solana #SOL #机构囤币
