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Onfolio Holdings Stock Is Soaring Thursday: Here's Why

Benzinga·04/16/2026 16:18:46
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Shares of Onfolio Holdings Inc. (NASDAQ:ONFO) are soaring Thursday after the company entered into a $100 million equity facility agreement with an institutional investor.

Onfolio Receives $100 Million In Equity Facility Agreement

Onfolio, an owner-operator of online businesses, disclosed a $100 million equity facility agreement with an institutional investor, providing the company with flexible, discretionary capital.

The financing is expected to primarily be used for working capital and acquisitions targeting cash-generative online businesses that the company believes are undervalued relative to their potential under an AI-native operating model. Another portion of the capital will be allocated to incrementally grow the company’s existing digital asset reserve. 

“We spent 2025 closing the gap to profitability. Now we’re deploying capital to grow. This Facility is another tool in our growing capital toolkit that gives us more optionality to move aggressively on acquisitions, plug each one into the AI infrastructure we’ve built, and continue compounding through both our operating businesses and our digital asset treasury,” said Onfolio CEO Dominic Wells.

ONFO Shares Fly Above Key Averages

Onfolio is trading in the upper portion of its 52-week range (46 cents to $1.95), which is consistent with buyers trying to reassert control after earlier volatility. The stock is trading 182.9% above its 20-day simple moving average (SMA) and 188.2% above its 100-day SMA, a setup that points to strong short- and intermediate-term trend pressure after a sharp repricing.

The moving average backdrop is still mixed under the hood: the 20-day SMA is above the 50-day SMA (bullish for the near term), but the death cross from November 2025 (50-day SMA below the 200-day SMA) remains a longer-term caution flag. The moving average convergence divergence (MACD), a trend/momentum measure, is below its signal line with a negative histogram, which leans toward momentum cooling even as price stretches higher.

  • Key Resistance: $2.00 — a level where rallies have recently stalled
  • Key Support: $1.50 — a round-number area that often attracts dip-buying interest

ONFO Shares Soar On Thursday

ONFO Stock Price Activity: Onfolio Holdings shares were up 149.93% at $1.66 at the time of publication on Thursday, according to Benzinga Pro data.

Image: Shutterstock