🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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The Company Known as Solana's MicroStrategy Has Purchased a Large Amount of SOL!
Solana focused treasury management firm DeFi Development Corp (DDC) announced in a statement that it has purchased 17,760 new SOL. With this latest purchase, the company's total Solana assets reached 640,585 SOL, amounting to approximately 96 million dollars at current prices.
DDC had started purchasing Solana after being bought out by former Kraken executives in April. In another announcement made on Wednesday, the company stated that it had completed a special funding round of 112.5 million dollars, and that part of this funding would be used for new SOL purchases. The company had previously secured 42 million dollars in financing and had also accessed a credit limit of 5 billion dollars.
In the latest funding round, DDC allocated 75.6 million dollars of the net revenue for "prepaid forward share purchase transactions". This transaction aims to reduce the risk for investors who acquire the company's convertible bonds. The remaining funds will be used for operational expenses and new SOL purchases.
The company acquired the last 17,760 SOL at an average price of 153.10 dollars, totaling approximately 2.72 million dollars. As of July 3rd, the DDC's "SOL per share" ratio was reported as 0.042; this metric is used to measure the performance of the company's token assets relative to its equity value.