DFDV says cash more than doubled, SOL debt shrank ahead of Q3 results
- —Cash and cash equivalents more than doubled from Aug. 12 to Sept. 30
- —SOL holdings reached ~2,564,212 tokens worth ~$302M, up ~11% since the August update
- —NAV per share increased by more than 100% in about seven weeks
- —CHAD paid its first dividend on Oct. 1 at a 13% annual rate on its $10 stated amount
Why it matters: The NAV growth and shrinking SOL debt strengthen DFDV's position as a major Solana treasury company, potentially supporting confidence in corporate crypto strategies.
Source: Cryptopolitan