Onfolio Holdings (ONFO) shares skyrocketed more than 150% Thursday following the announcement of a $100 million equity facility with an institutional investor. The capital injection positions the company for strategic acquisitions and digital asset expansion.

The flexible funding arrangement has no mandatory drawdown requirements, allowing Onfolio to deploy capital at its discretion. Management plans to target undervalued, cash-generative online businesses that could benefit from AI-native infrastructure integration.

A portion of the funds will bolster the company's digital asset reserves, signaling growing institutional interest in cryptocurrency holdings as part of diversified corporate treasuries. CEO Dominic Wells emphasized the company's transition from profitability focus to growth acceleration.