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SkyAI Exits Solana Treasury With $223.8 Million in Cash

TokenPost·October 19, 2026·1 min read
SkyAI Exits Solana Treasury With $223.8 Million in Cash

SkyAI exited its Solana treasury with $223.8 million in cash. The company plans to use the proceeds for a tender offer of up to $201.3 million for shares and warrants at $3 each. The move converts a crypto-denominated treasury into fiat and returns capital to shareholders through the buyback program.

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