Solana
SkyAI’s Solana treasury sale leaves it with no SOL and a $201M buyback
The Cryptonomist·October 20, 2026·1 min read
SkyAI sold its entire Solana treasury on October 19, 2026, dropping from the fifth-largest publicly traded SOL holder to owning none. The sale funds a $201 million share and warrant buyback, drawing opposition from shareholder Bastion Trading over the offer's price. The company now holds no SOL tokens.
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