#SkyAISellsAllSOLAndLaunchesCashTenderOffer
*JUST IN: SkyAI Sells All SOL + $201M Buyback*
Nasdaq-listed SkyAI (SKYA) sold its entire Solana treasury - over 2M $SOL - and now holds $223.8M cash.
Launched $3/share cash tender offer for up to $201.3M (95% of shares/warrants). Expires Oct 29.
Bought at ∼$194, sold at ∼$107 avg = $153M loss.
From top-5 SOL treasury to zero SOL.
#EarningsSeason #SwitzerlandApprovesFirstBitcoinETF #KOSPIFallsMoreThan2% #ElicePlunges33%InKoreanIPODebut $SOL
*JUST IN: SkyAI Sells All SOL + $201M Buyback*
Nasdaq-listed SkyAI (SKYA) sold its entire Solana treasury - over 2M $SOL - and now holds $223.8M cash.
Launched $3/share cash tender offer for up to $201.3M (95% of shares/warrants). Expires Oct 29.
Bought at ∼$194, sold at ∼$107 avg = $153M loss.
From top-5 SOL treasury to zero SOL.
#EarningsSeason #SwitzerlandApprovesFirstBitcoinETF #KOSPIFallsMoreThan2% #ElicePlunges33%InKoreanIPODebut $SOL