---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-031972"
form_type: "8-K"
ticker: "SDEV"
cik: "0001389545"
company_name: "Stablecoin Development Corp"
filed_at: "2026-10-05T12:05:32+00:00"
generated_at: "2026-10-12T14:45:23.144882+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SDEV holds 2.32B SKY; digital asset NAV rose to $180.2M from $119.2M on Sept 30

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-26-031972
- form_type: 8-K
- ticker: SDEV
- cik: 0001389545
- company_name: Stablecoin Development Corp
- filed_at: 2026-10-05T12:05:32+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389545/000143774926031972/0001437749-26-031972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389545/000143774926031972/sdev20260914_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-031972
- JSON: https://secwatch.observer/filing/0001437749-26-031972.json
- Plain text: https://secwatch.observer/filing/0001437749-26-031972.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.