Company That Had Been Accumulating This Altcoin Sold All Its Holdings — Will Reinvest $201 Million

SkyAI, one of the companies that formed the Solana treasury, announced today that it no longer holds any SOL. As of October 16, the company's cash reserves were approximately $223.8 million. SkyAI aims to repurchase up to 95% of its shares and three different classes of warrants in its buyback offer launched on October 16th. The program, offered at $3 per unit, could reach a total size of $201.3 million if fully participated. The company's sale of all its SOLs also changed the terms of the buyback.

Source: Bitcoin Sistemi