Attacking Solana Treasury Company has collected $ 4 billion by offering shares on the market.
For comparison, this increase is approximately $ 4 billion in the same size Bitcoin Treasury strategy Favorite stocks increase in July. It is twice the size Favorite stock offer for conflict The company did in May.
Re because of working capital will be used; The company said in a press statement that seeking to achieve its symbolic strategy, and “buy income -generating assets to develop its business.”
Industries forward He refused to comment on Decipher On other income -generating assets that are considering adding their public budget.
With the opening of the markets on Wednesday morning, Forward witnessed that the share price is diving. The shares, which are trading under the Ford Index on the Nasdaq Stock Exchange, decreased to $ 31.29 before recovery to $ 34.28 at the time of this report – as it decreased by 8.2 % for the session.
If the company sells all shares and spends the largest part of the revenue on buying Solana, it may be more than twice the amount Sol is held in the cabinet. At the time of writing this report, there is already $ 3.1 billion in Solana Treasury, according to the Crypto Price Coingecko Complex.
Users on the number of La MERIAD, the automatic prediction market Decipher The parent company, Dastan, was getting more confident that Sol would reach $ 250 in a closer time than it believes is a great recovery. As of Wednesday morning, 90 % of the predictors I think it will close the gap before you see $ 130 again. At the time of this report, Solana is trading for $ 235.45 after gaining 1.2 % last day.
Solana gets the first billion dollars in public trading, as the front industries buy 6.8 m SOL
Forward Industries Cantor Fitzgerarald has appointed a sale agent for offers, as the financial services company will collect fees by 3 %. Forward Industries also noted that the company’s automatic rack registration in its S-3 model is already effective-which means that the shares will be traded once they are sold.
“Through this offer, the front industries are gaining a flexible and effective mechanism to raise the capital and spread it systematically to support the treasury strategy in our Solana.” He added that the company is in a good position to expand the scope of the Sol, enhance its public budget, and follow up growing initiatives.
Forward is not the only Solana Treasury company tearing a page of the strategy book. Defi Development Corp. Yesterday, the favorite shares were recorded with the Supreme Education Council. The chain CUMULATIVE PERPTUAL Prefered Stock Mirrors offer the financing tactics used by Juggernaut bitcoin of $ 74 billion.
The 5 largest Solana treasury companies circulated publicly
The first SEC registration says the favorite stocks will pay quarterly profits as a fixed rate, but do not specify what this rate is. The company applied to study the series C on the Nasdaq Capital markets, but it has not yet revealed an indicator code.
Defi’s development immediately did not respond to a request from Decipher For more details about the offer. But for the sake of comparison, the new shares seem to be somewhat comparison to present MSTR steps, which were directly preferred in fixed stocks with cumulative profits and optional conversion.
At the time of writing this report, the DFDV shares – which traded on NasdaqcM – were changing hands for $ 17.40, 4.3 % less than their previous closure.
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