SkyAI exits Solana treasury, holds $223.8M in cash ahead of buyback
Photo: Crypto Briefing
The Nasdaq-listed firm formerly known as Sharps Technology has liquidated more than 2 million SOL as shareholder pressure mounts SkyAI no longer holds any Solana . The Nasdaq-listed company has sold its entire SOL treasury and is now sitting on approximately $223.8 million in cash. The plan for that money is a share buyback. For a company that built its public identity around holding a single crypto asset, that is a full reversal, delivered in about two weeks. SkyAI trades under the ticker SKYA and was previously known as Sharps Technology.
Source: Crypto Briefing
