other material
confidence high
sentiment positive
materiality 0.75
SDEV holds 2.32B SKY; digital asset NAV rose to $180.2M from $119.2M on Sept 30
Stablecoin Development Corp
- As of Sept 30, 2026, held 2,321,079,862 SKY; fair value ~$180.2M at $0.07764/SKY vs ~$119.2M on June 30.
- Earned ~34.6M SKY in staking rewards in Q3 2026; all rewards retained and substantially all remain staked; no SKY sold to date.
- Held ~$7.2M cash and cash equivalents (excluding restricted) as of Sept 30, 2026; no outstanding indebtedness.
- As of Oct 2, 2026, held ~2,321,910,691 SKY, ~10% of total supply; June 30 holding was 2,286,511,374 SKY, also ~10%.
- Jan 16, 2026 private placement raised ~$134.0M gross: ~$25.0M cash and ~$109.0M in SKY/stablecoins; 167,539,227 pre-funded warrants.