SKY treasury firm SDEV jumps 104% in a day, 770% in a month
- —SDEV closed at $7.48 on Oct. 2, up 104.37% in a day and about 770% in a month
- —The company holds roughly 2.315 billion SKY, about 10% of total supply
- —Two largest shareholders control 87.6% of the stock
- —Unexercised warrants for 167.5 million shares could expand the share count 4.3x
Why it matters: The rally highlights speculative demand for crypto treasury companies, but the gap between share price and asset value poses risk to buyers.
Source: 動區 BlockTempo