TechFlow news, July 2 — DeFi Development Corp. (Nasdaq: DFDV) announced on July 1, 2025, its plan to conduct a private placement of $100 million in aggregate principal amount of convertible senior notes due 2030 to qualified institutional investors, with an additional $25 million possible. The company intends to use a portion of the proceeds to repurchase common stock, and the remaining funds for general corporate purposes, including purchasing Solana cryptocurrency (SOL).
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