Bastion Sounds Alarm Over SkyAI’s $201M Buyback and Potential $11.9M Insider-Linked Payout
Photo: Crypto Economy
TL;DR: SkyAI launched a $201 million tender offer after liquidating its entire Solana treasury, accumulating $223.8 million in cash as of October 16, 2026. Bastion Trading reported that 3,955,293 strategic advisory warrants could channel up to $11.9 million to entities tied to the brother of director Yuwen Zhang. The repurchase offer establishes a unit price ... Read more
Source: Crypto Economy
