Stablecoin Development Corp SKY holdings rise to $180.2 million at September 30
Stablecoin Development Corp (SDEV) reported preliminary, unaudited figures for September 30, 2026 showing its SKY token holdings had a fair value of approximately $180.2 million, up from approximately $119.2 million at June 30, 2026. The filing does not report revenue or profit, and the company held only about $7.2 million in cash with no outstanding debt, so shareholder exposure is concentrated in the value of SKY.
Key points
- SKY holdings of 2,321,079,862 tokens at September 30, 2026, valued at approximately $180.2 million using a SKY price of $0.07764
- Fair value compared with approximately $119.2 million at June 30, 2026
- Approximately 34.6 million SKY earned in staking rewards during the quarter, with no SKY sold to date
- Approximately $7.2 million in cash and cash equivalents and no outstanding indebtedness at September 30, 2026
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.