SkyAI just dumped its entire Solana treasury and pivoted completely. **What Just Happened** SkyAI, a company that once made medical devices and then pivoted to crypto treasury management, just sold every single SOL token it owned. We're talking about a full exit from their Solana position. But here's the twist: they're not running away with the cash. Instead, they're using $201 million from their $223.8 million cash reserves to buy back their own shares and warrants from investors. **Why This Matters** This is essentially a U-turn on their crypto strategy. When companies sell their entire crypto treasury, it usually signals either risk management concerns or a fundamental shift in business direction. SkyAI chose to return capital to shareholders rather than hold or diversify into other digital assets. For the broader Solana ecosystem, one institutional holder just became zero. While SOL has strong fundamentals, these moves can create short-term selling pressure. **Market Context** Worth noting that today's standout performer $PHA is up nearly 30% while this news unfolds. Different narratives drive different assets—sentiment remains selective across the market. This could signal ...