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DeFi Development Corp Announces 7-for-1 Stock Split Following Meteoric Crypto Rally
DeFi Development Corp Announces 7-for-1 Stock Split Following Meteoric Crypto Rally
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Wall Street meets blockchain—again. DeFi Development Corp’s stock is slicing itself seven ways after riding the crypto wave to dizzying heights. Because nothing says ’healthy valuation’ like a good old-fashioned share split to lure retail investors.
The move follows a 300% year-to-date surge, fueled by institutional FOMO and that one tweet from a crypto influencer you’ve never heard of. Analysts are calling it ’either genius or desperation’—depending on which side of their leveraged long they’re sitting on.
Fun fact: The last company to pull this stunt during a bull run? A now-defunct NFT platform. Just saying.
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