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SkyAI Sells All Solana to Fund $201 Million Buyback Offer

TokenPost·October 20, 2026·1 min read
SkyAI Sells All Solana to Fund $201 Million Buyback Offer

SkyAI sold all its Solana holdings to fund a $201 million buyback offer. The company held about $223.8 million in cash and no SOL as of Oct. 16. Shareholder Bastion Trading is seeking a higher offer price, indicating potential contention over the buyback terms.

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