DeFi Development Corp. said Monday that preliminary third-quarter estimates show net asset value per share rose by more than 100% as of Sept. 30 compared with Aug. 12. According to NS3.AI, the company also said it added about 26,203 SOL since Sept. 28, bringing its holdings to roughly 2.56 million SOL and SOL equivalents worth $302 million.

The preliminary figures also indicate double-digit growth in SOL per share. DeFi Development Corp. said cash and cash equivalents more than doubled, while SOL-denominated borrowings declined. The company said the estimates are still subject to finalization.