Onfolio Holdings shares surge 51.75% premarket after securing $300M convertible note facility to expand digital asset treasury and operations.

Tuesday, Nov 18, 2025 9:03 am ET1min read
Onfolio Holdings (ONFO) surged 51.75% in premarket trading following the announcement of securing a $300 million convertible note facility, with an initial $6 million tranche closed on November 18, 2025. The financing will allocate 75% of future proceeds to digital assets (Bitcoin, Ethereum, Solana) and 25% to operating initiatives, while strengthening the balance sheet and supporting growth. CEO Dom Wells highlighted the "transformative" impact of the facility, enabling staking yields, strategic acquisitions, and operational scalability. The deal, structured with a U.S. institutional investor and Curvature Securities as placement agent, positions Onfolio to expand its hybrid model of operating cash flow and digital asset treasury. The premarket rally reflects investor optimism over enhanced liquidity, diversified revenue streams, and long-term value creation through digital asset integration.

Comments



Add a public comment...
No comments

No comments yet