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On March 16, SoFi CEO Anthony Noto purchased $1 million worth of shares at approximately $17.88. The company projects a 30% revenue growth to reach $4.7 billion by 2026, with adjusted EBITDA expected to rise 52% to $1.6 billion. However, on March 24, Muddy Waters claimed that SoFi has inflated the fair value of its loan portfolios.