Solana Treasury Firm SkyAI Plans $201M Share Buyback After SOL Sale

4 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$201M

share buyback

$SOL

$108.52

-3.4%

SkyAI plans to buy back as much as 95% of its outstanding shares and warrants for $3 each, using cash and proceeds from selling solana. The move comes after the company sold roughly half its SOL treasury and rejected an unsolicited…