SkyAI Sells All SOL Holdings, Launches $201.3 Million Buyback
SkyAI, formerly Sharps Technology, sold its entire Solana treasury and launched a tender offer to repurchase up to $201.3 million in shares and warrants.
SkyAI, formerly Sharps Technology, has sold its entire Solana (SOL) treasury and launched a tender offer to repurchase up to $201.3 million in shares and warrants, reversing its cryptocurrency accumulation strategy.The company held approximately $223.8 million in cash as of Oct. 16 after liquidatin…