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Solana Whale DeFi Development Unleashes Massive $100M Stock Buyback – More SOL Buys?
Yahoo Finance· 2025-09-25 00:16
DeFi Development Corp, the first publicly listed company structured around a Solana-based treasury strategy, has expanded its share repurchase program to $100 million, marking one of the largest stock buyback initiatives in the digital asset sector. The company announced on Wednesday that its Board of Directors had approved an increase to the authorization from its initial $1 million, allowing management to buy back common stock on the open market under Rule 10b-18 of the Securities Exchange Act of 1934. ...