# SDEV Shares Gained More Than 700% Over 15 Days as SKY Holdings Reached 2.315 Billion

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/26719
Published: 2026-10-05T01:41:18.000Z
Updated: 2026-10-05T01:41:18.000Z
Section: Investing

> The company held about 10% of SKY’s total supply as of Sept. 13, with nearly all of its tokens staked in the Sky Protocol.

SDEV shares climbed more than 700% over 15 days, closing at $7.48 on Oct. 2, while the company held about 2.315 billion Sky (SKY), roughly 10% of the token’s total supply.

The stock had traded near $1 toward the end of September. SDEV’s market value was about $387 million.

SKY also advanced over the period, rising from around 80 cents to above 90 cents.

SDEV’s September S-3/A filing showed that it held about 2.315 billion SKY as of Sept. 13. Nearly all of those tokens were staked in the Sky Protocol.