WILMINGTON, DE — Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW; OTC: ONFOP) said it has moved quickly to strengthen its balance sheet, retiring a portion of acquisition-related debt and setting the stage for renewed growth heading into 2026.
The company said it used proceeds from the initial tranche of its recent financing to retire approximately $640,000.00 in seller notes tied to a prior acquisition on December 8, 2025. At the same time, Onfolio has begun the process of converting an additional $850,000.00 in seller notes into shares of common stock, a transaction expected to be completed in the coming weeks.
Once finalized, the actions will remove roughly $1.5 million in debt from the company’s balance sheet and reduce annualized interest expense by nearly $150,000.00. Management said the lower debt load materially improves financial flexibility as Onfolio reallocates capital toward portfolio growth and new acquisitions.
Chief Executive Officer Dom Wells said eliminating the debt was a near-term priority aimed at improving resilience and profitability. He said the company is executing with urgency as it positions itself for stronger operating performance at the start of the new year.
The debt reduction comes alongside other balance sheet moves, including recent cryptocurrency purchases, which the company said are part of a broader capital deployment strategy. Onfolio recently announced a $300 million financing facility designed to support multiple objectives, including generating recurring income from crypto yield, providing exposure to potential price appreciation, and accelerating debt reduction.
With those initial steps underway, Wells said the company is now shifting focus to investing additional capital into its existing operating businesses and restarting its acquisition program. He said management expects to provide a more detailed update on acquisition plans in the near future.
Taken together, the company said the combination of debt reduction, lower interest costs, and access to substantial financing positions Onfolio for improved profitability and renewed growth as it enters 2026.
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