MicroStrategy model on Solana: 1 billion dollar plan

2025-04-26 10:03:06

Abstract generation in progress

DeFi Development Company, which has joined the ranks of publicly traded companies moving towards the Solana network, has filed a $1 billion shelf offering with the Securities and Exchange Commission (SEC) (.

Shelf offering allows companies to sell their stock or debt securities over time as needed. According to the application of the DeFi Development Company, the sale of various stocks, preferred shares, bonds, and similar securities is planned for the future. The terms and prices of the sale will be determined prior to each offering.

The company rebranded last week and took the name DeFi Development Company ), previously known as Janover(, and increased its investments in the Solana ecosystem. The company currently holds approximately 34 million dollars worth of SOL.

The company’s strategy is based on generating active income by purchasing both SOL and staking tokens, similar to MicroStrategy’s Bitcoin investment model.

While waiting for the SEC approval, JNVR shares gained about 5% in value after the news.

Published: April 26, 2025 12:52

SOL-4.21%

DEFI-2.03%

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