Stablecoin Development Corp (SDEV) Form 8-K — Oct 5, 2026
Stablecoin Development Corp (SDEV) filed an 8-K with preliminary Q3 2026 figures showing its SKY token holdings rose to 2,321,079,862 tokens, worth approximately $180.2 million at $0.07764 per SKY, up from $119.2 million at June 30. The company earned roughly 34.6 million SKY in staking rewards during the quarter and has never sold any of its position, which represents about 10% of total SKY supply. The company held approximately $7.2 million in cash with no debt, and as of October 2 held ~2,321.9 million SKY, with more than 99% deployed in the Sky Protocol staking contract.
Key figures
- Revenue
- 0
- Net Income
- 0
- Cash Position
- 7200000
- Shares Outstanding
- 51751359
- Atm remaining usd
- 83200000
- Staked pct of holdings
- >99%
- Pct of total sky supply
- ~10%
- Prefunded warrant shares
- 167539227
- Sky price sep30 2026 usd
- 0.07764
- Sky tokens held oct2 2026
- 2321910691
- Sky tokens held sep30 2026
- 2321079862
- Staking rewards q3 2026 sky
- 34600000
- Staking reward rate oct2 2026
- ~6.6%
- Digital asset nav jun30 2026 usd
- 119200000
- Digital asset nav sep30 2026 usd
- 180200000
- Jan2026 private placement gross proceeds usd
- 134000000
AI analysis
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