【Market Update】SkyAI’s liquidation ledger—let’s look at the numbers first:
Sold approximately 2 million SOL at an average price of $107.2, against a cost basis of nearly $194—an estimated loss of about $86.8 per token.
Converted back to approximately $223 million in cash; its treasury strategy has come to an end.
Buyback: full tender offer of approximately $214 million; acquisition of warrants to reach 100%; offer price remains unchanged at $3.
Can you make sense of this loss-making deal? Share your thoughts in the comments.
$SOL $BTC $ETH
#SkyAI #SOL财库 #Buyback
(Source: CryptoEconomy)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.