SKYAI News

SkyAI liquidates its entire Solana treasury, leaving $223.8M in cash as a $201.3M tender offer sparks shareholder disputes over its strategy.

Nasdaq-listed SkyAI cuts its Solana holdings from over 2M SOL to 210K and plans a $3 share buyback as shareholders question the treasury selloff.

A SkyAI shareholder is demanding a higher tender price and a board reset after the Solana treasury firm disclosed it sold roughly 70% of its SOL.

SkyAI reports about 80% of the required cash and approximately 600,000 SOL retained, while its proposed tender still carries waivable conditions. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get...

The Nasdaq-listed treasury firm will fund the tender with cash and SOL sales, conditioned on Solana holding above $100 through the offer period.

The post SOL Price Faces $50 Risk as SkyAI Board Fight Escalates appeared first on Coinpedia Fintech News The SOL price has enjoyed a strong recovery, but a corporate treasury dispute could complicate the rally. SkyAI, formerly Sharps Technology,...

BitcoinWorld SkyAI Discloses $12.5M SOL Sale in SEC Filing, Still Holds Over $150M in Solana SkyAI, the technology firm formerly known as Sharp Technology, has disclosed the sale of 135,399 Solana (SOL) tokens for approximately $12.47 million...

The post WLD, UNI, and SPX Are Surging, Yet Altcoins Face Heavy Selling—Is This a Real Altseason or Just a Rotation? appeared first on Coinpedia Fintech News Altcoins are once again capturing traders’ attention. Over the past week, several cryptos...

The post Three Altcoins Are Crushing the Market This Week—Here’s What’s Driving SKYAI, SPX6900, and Humanity appeared first on Coinpedia Fintech News While Bitcoin and Ethereum traded within relatively narrow ranges this week, several altcoins...

The data identified top-performing crypto assets over the past week, indicating money rotating to certain tokens with strong fundamentals and innovations.