WILMINGTON, DE — Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW; OTC: ONFOP) has received $4.75 million under its previously announced financing agreement, a fresh infusion the company says will accelerate operating growth while advancing its emerging digital-asset treasury strategy.
Roughly $2.35 million of the new capital will be directed toward business expansion, debt repayment and working capital needs. The remaining $2.4 million will be used to purchase Bitcoin, Ethereum and Solana over the coming weeks, part of a treasury approach designed to generate yield and long-term upside.
“We’re going to use this capital to increase our cashflow via interest payment reductions, and injecting growth capital into the operating portfolio,” said Onfolio CEO Dom Wells.
Wells said that entering the crypto market after a pullback in prices provides “an exciting opportunity” to build a treasury intended to support the company’s next phase of growth. He added that Onfolio expects the initial tranche to be “transformational,” with updates on debt repayment, digital-asset purchases and growth milestones to follow.
Onfolio currently generates more than $12 million in annualized revenue across its portfolio of profitable digital businesses. The company expects that paying down select debt obligations will reduce interest costs, improve cash flow and strengthen its path toward consolidated profitability.
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