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SkyAI sells all Solana holdings as $201M buyback faces price dispute

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SkyAI sells entire Solana treasury, launches $201 million share buyback

SkyAI, formerly Sharps Technology Inc., has sold its entire Solana treasury of approximately 2 million SOL tokens and launched a tender offer to repurchase up to $201.3 million in shares and warrants. The company now holds $223.8 million in cash after exiting its cryptocurrency treasury strategy.

Oct 19, 2026·7 sourcesAltcoinsCrypto marketsInstitutional crypto adoptionSolana ecosystemCorporate treasury strategy
SkyAI sells entire Solana treasury, launches $201 million share buyback
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