SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI) (“SoFi” or the “Company”) today announced an underwritten public offering of $1.5 billion of shares of its common stock. In connection with the offering, SoFi expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the offering. All of the shares of common...
SoFi Technologies NASDAQ: SOFI is having a banner year, with its stock up 84% since January. Last week, that momentum hit a new gear as the price climbed, forcing investors to take a closer look.
SoFi recently enabled crypto trading for its investors, which should generate significant revenue growth. This isn't SoFi's first rodeo, as the company enabled crypto trading from 2019 to 2023.
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