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CryptonomistOctober 20, 20262 min read

SkyAI’s Solana treasury sale leaves it with no SOL and a $201M buyback

SkyAI’s Solana treasury sale has taken the company from the fifth-largest publicly traded SOL holder to owning none of the token.

SkyAI’s Solana treasury sale has taken the company from the fifth-largest publicly traded SOL holder to owning none of the token. The company confirmed on October 19, 2026, that it had sold its entire reserve to fund a $201 million share and warrant buyback, drawing opposition from shareholder Bastion Trading over the offer’s price and […]

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SkyAI’s Solana treasury sale leaves it with no SOL and a $201M buyback — VeilSwap