Solana
SkyAI Sells Entire Solana Treasury, Launches $201 Million Tender
The Defiant·October 19, 2026·1 min read
SkyAI sold its entire Solana treasury and launched a $201 million tender offer, reporting $223.8 million in cash. The company dropped the SOL-price condition for the offer while retaining a $3 share price challenged by Bastion Trading. The move simplifies the company's financial structure.
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