DeFi Development's net asset value per share doubled in the third quarter, with SOL holdings increasing to 2.56 million

DeFi Development, listed on NASDAQ, has released preliminary estimates for the third quarter, stating that as of September 30th, its net asset value per share has increased by over 100% compared to August 12th. Since September 28th, we have increased our holdings by approximately 262203 SOLs, holding approximately 2.56 million SOLs and their equivalents worth $302 million. CEO Joseph Onoratti stated that the company continues to purchase SOL and set up a $300 million CHAD preferred stock ATM plan in September to increase its holdings in SOL. DFDV's stock price rose about 2% in early trading on Monday, and has fallen nearly 70% in the past year. (Source: The Block)