DeFi Development Corp and Tron Inc. Make Moves in Their Treasuries
By: www.criptonoticias.com|2026/09/08 20:23:22
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Prefer us on GoogleDeFi Development Corp. and Tron Inc. made financial moves this week to strengthen their treasuries. DeFi Development Corp. announced the closing of a public offering of 1,375,000 Series C perpetual preferred shares at a price of $8 per share, generating an estimated gross raise of $11 million. The company will allocate most of the funds to the purchase of Solana (SOL). As of August 27, it held 2.33 million SOL, making it the second-largest treasury of this cryptocurrency. On the other hand, Tron Inc. reported the purchase of 148,820 TRX at an average price of $0.3360 per unit, representing an approximate outlay of $50,000. With this acquisition, its treasury surpassed 713 million TRX. This purchase adds to previous acquisitions, including 151,270 TRX at $0.3305 on September 4.
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