This Company Is Giga-Bullish About Solana. But Should You Buy the Stock or the Coin?

When gold prospectors ran out of shovels, savvy merchants filled the gap and sold them tools at a markup. Fast-forward to today, and a company called DeFi Development (NASDAQ: DFDV) wants to sell investors a different kind of pick, specifically equity in a corporate balance sheet stuffed with Solana (CRYPTO: SOL).For those who remember Strategy turning its convertible debt into a Bitcoin stash, DeFi Development's pitch will feel familiar. The plan is to raise cash via issuing debt and equity, buy Solana with the proceeds, and then repeat the process. But this business is actually pursuing a broader mandate than the typical one-coin treasury project, which could create new revenue streams or perhaps just add risk. That raises the question of whether it would make sense to buy the treasurer, or whether it's wiser to just buy the underlying coin.Here's what's really going on and how to decide which side of this trade belongs in your portfolio.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool