Solana
SkyAI exits Solana treasury strategy to fund $201M buyback – Here’s why
AMB Crypto·October 21, 2026·1 min read
SkyAI exited its Solana treasury strategy, selling its SOL digital asset, and with $223.1 million in cash on hand, commenced a cash tender offer to buy back common stock and warrants at $3.00 apiece. The move funds a $201M buyback, shifting from crypto holdings to shareholder returns.
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