PANews May 4 news, according to Globenewswire reports, the NASDAQ-listed Solana treasury company DeFi Development announced the launch of a $200 million ATM financing plan. The company stated that the raised funds will mainly be used to continue executing its Solana reserve strategy and that shares will only be issued when there is an enhancing effect on the value of each shareholder's SOL holdings to ensure that the financing has a "dilutive" attribute.

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