DeFi Development: Unrealized profits exceed $74 million in Q3, no recent increase in SOL holdings

ChainCatcher News, Nasdaq-listed Solana treasury company DeFi Development (DFDV) has released its November performance update, revealing that it has not increased its SOL holdings recently. At the end of the month, its SOL holdings remained at 2,195,926 tokens, with a market value of approximately $293.2 million. The amount of SOL supplied to the liquid staking token dfdvSOL was 530,286.72 tokens. In addition, DeFi Development disclosed unrealized gains of over $74 million for the third quarter, with a SOL holding yield of 11.4%. Its Chief Operating Officer Parker White and Chief Strategy Officer Dan Kang have begun repurchasing DFDV shares from the open market.