A Solana Treasury Firm Made $66.6M Without Making Much Revenue
DeFi Development (DFDV) stock fell 8.95% from its $3.24 previous close to $2.95 on November 12. The drop came on the day the Solana (SOL) treasury firm reported a $66.6 million third-quarter profit. The company said its net asset value (NAV) per share more than quadrupled from August 12 to September 30. Shares traded above The post A Solana Treasury Firm Made $66.6M Without Making Much Revenue appeared first on BeInCrypto.
Key Takeaways
- DeFi Development (DFDV) stock fell 8.95% from its $3.24 previous close to $2.95 on November 12.
- The drop came on the day the Solana (SOL) treasury firm reported a $66.6 million third-quarter profit.
- The company said its net asset value (NAV) per share more than quadrupled from August 12 to September 30.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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