DeFi Development Shares Tumble After Disclosing $125M Equity Raise to Accelerate Crypto Treasury Strategy
By Connor HartShares of DeFi Development fell after the company said it would sell $125 million worth of shares and warrants to further build its Solana treasury.The stock sank 17%, to $16.69, in morning trading Monday. Through Friday's close, shares have surged more than 27 times their value in the…