DeFi Development: Q3 unrealized gains exceed 74 million USD, no recent increase in SOL holdings

The Nasdaq-listed Solana treasury company DeFi Development (DFDV) released its performance update for November, disclosing that it has not increased its holdings of SOL recently. At the end of the month, the SOL holding amount remained at 2,195,926 coins, with a market value of approximately $293.2 million. The supply of SOL invested in the liquid staking token dfdvSOL is 530,286.72 coins. In addition, DeFi Development also disclosed that its unrealized gains for the third quarter exceeded $74 million, 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.