TL;DR: SkyAI says it has sold all its SOL and started a cash tender offer that could cost roughly $201.3 million if fully subscribed. SkyAI’s experiment as a Solana treasury company has taken a dramatic turn. Rather than simply holding through market volatility, the Nasdaq-listed firm says it has sold its entire SOL position and […]
SkyAI Sells Its Solana Holdings And Launches $201 Million Buyback Offer
TL;DR: SkyAI says it has sold all its SOL and started a cash tender offer that could cost roughly $201.3 million if fully subscribed. SkyAI’s experiment as a…
Some links on this page are affiliate links. We may earn a commission if you sign up, at no extra cost to you.
AI summary
Related news
Bitcoin Price Clings to $81K as Sellers Circle Critical Support
Bitcoin’s price is caught in an increasingly uncomfortable position, trading near $81,392 on Tuesday, Oct. 20, as short-term selling pressure clashes with a longer-term technical…
Tx launches USTX stablecoin to pull RWA liquidity onto its chain
The Brale-issued token can be minted with USDC from eight networks and is designed to settle tokenized stocks and other assets on tx.
Cardano Puts Real-World Usage At The Centre Of New Catalyst Grants
TL;DR: Cardano is highlighting a 12-team Catalyst pilot in which much of the grant funding depends on real adoption rather than merely launching a project. Crypto grant programmes…