DeFiDevelopment's net assets per share doubled in the third quarter, SOL positions increased to 2.56 million

On October 6, TheBlock reported that Nasdaq-listed DeFiDevelopment (DFDV) announced preliminary estimates for the third quarter: as of September 30, SOL per share achieved double-digit growth, and net assets (NAV) per share increased by more than 100% compared with August 12. Since September 28, it has increased its holdings of approximately 26,203 SOLs, holding positions of approximately 2.56 million SOLs and equivalents, valued at US$302 million, an increase of approximately 11% from August 12. CEO Joseph Onorati said the company continues to buy SOL. The company established a $300 million CHAD preferred stock ATM plan in September to increase its holdings of SOL. DFDV shares rose about 2% in early trading Monday and have fallen nearly 70% in the past year.