Onfolio Holdings shares surge 21.58% intraday after receiving $4.75M investment for growth, debt repayment, and crypto treasury.

Onfolio Holdings (ONFO) surged 21.58% intraday following its announcement of receiving $4.75 million in investment proceeds. The funds will be allocated approximately $2.35 million toward business growth, debt repayment, and working capital, with $2.4 million directed to purchasing Bitcoin, Ethereum, and Solana as part of a digital-asset treasury strategy. CEO Dom Wells highlighted that the capital will reduce interest obligations, inject growth capital into operations, and capitalize on lower cryptocurrency prices to generate yield. The company’s $12 million annualized revenue base and strategic shift toward a dual-engine compounding model combining real-world earnings with digital assets likely fueled the sharp intraday rally as investors reacted positively to the liquidity boost and treasury diversification plan.