The MicroStrategy of Solana Is Up 3,000%

Описание: When Michael Saylor famously transformed MicroStrategy into a leveraged bet on #bitcoin few could have predicted just how successful the experiment would become. Now, a new firm is aiming to do something similar — with #solana.

Meet DeFi Dev Corp, or DFDV, a publicly traded company that has seen shares surge more than 3,000% since launching an attempt to run back Saylor's playbook on Solana. As DeFi Dev Corp's COO Parker White explains to Coinage, that playbook isn't exactly a mystery.

“We want to bring TradFi capital into DeFi and DeFi returns into Tradfi,” White says. The company now holds more than $100 million in SOL and is backed by Pantera.

“I come from traditional equities. I'm a fundamental value investor,” said Pantera Managing Partner Cosmo Jiang. “As investors, it's so important that you constantly reexamine your assumptions, especially in light of contrary data.” For Jiang, that meant moving beyond skepticism of MicroStrategy’s ability to consistently trade above its NAV valuation and instead embracing what made it work: irrational markets, volatility, and a management team that knows how to play the game.

“You have to believe that markets are irrational sometimes,” Jiang said. “You have to believe that there's always going to be volatility in the market. And then, three, you have to believe that there is a management team that knows how to take advantage of those circumstances.”

SUBSCRIBE TO OUR FREE NEWSLETTER: https://coinage.substack.com/

STAKE WITH US: https://daic.capital/?utm_source=coin...

SUBSCRIBE to Coinage to never miss a video!
Coinage is a community-owned show answering crypto's biggest questions. You can learn more about the project at https://www.coinage.media/

#bitcoin #solana #ethereum #trump #politics
#bitcoinprice #bitcoinnews #crypto #bitcointrading #cryptocurrency #cryptonews #investing #investingtips