SKY Treasury company SDEV surged over 100% again, accumulating a 770% gain over the past month.

BlockBeats news, October 3rd, according to BIT (bit.com) market data, U.S. stocks closed higher yesterday, and SKY treasury company SDEV surged again by 104.37%, reporting $7.48, with a cumulative increase of 770% over the past month.

According to HTX market data, the SKY token has shown relatively stable movement today, currently at $0.087103, with a 24-hour decline of 6.82%.

As mentioned in a BlockBeats article on September 28th, the SKY treasury company SDEV had an mNAV of only 0.39 at that time, meaning SDEV's stock market value was equivalent to 39% of its SKY holdings' market value. However, SDEV's long-term low valuation was mainly due to market concerns about another ATM issuance to raise funds, diluting equity.