DeFi Development Corp. approves 7-for-1 stock split amid broader SOL treasury push 📈
DeFi Development Corp. has implemented a 7-for-1 stock split as part of an extensive strategy to manage its SOL treasury operations. The split elevates the company's outstanding shares from approximately 2 million to a staggering 14 million. Despite this increase, the firm's authorized share capital remains unchanged. This move illustrates the company's evolving strategic direction in the decentralized finance sector, positioning itself to effectively handle the growing demands of its SOL reserves and reaffirms its commitment to broader financial maneuvers.
Source: www.theblockcrypto.com ↗
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