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Solana DAT DeFi Development Announces Up to $100 Million Share Buyback

8d ago
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Solana DAT DeFi Development raises share buyback to $100M as SOL treasury holdings expand.
  • DeFi Development Corp. (DFDV) announced that its board has expanded its share repurchase (buyback) program from $1 million to up to $100 million
  • Under the new authorization, the company may begin with an initial $10 million in open market repurchases, with further buybacks requiring board approval, depending on market conditions
  • DeFi Development ranks among the largest digital asset treasuries (DATs) operating on the Solana blockchain, with holdings exceeding 2 million tokens as of last week

DeFi Development Corp. (DFDV), the first public digital asset treasury (DAT) focused on accumulating and compounding Solana (SOL), announced that its board has expanded its share repurchase (buyback) program from $1 million to up to $100 million.

Under the new authorization, the company may begin with an initial $10 million in open market repurchases, with further buybacks requ…

Read The Full Article Solana DAT DeFi Development Announces Up to $100 Million Share Buyback On Coin Edition.

8d ago
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