SkyAI sells Solana treasury, initiates $201M tender offer

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SkyAI has sold its entire Solana treasury and initiated a $201 million tender offer. The company, formerly known as Sharps Technology, previously held 2,077,799 SOL valued at approximately $218.5 million and now holds $223.8 million in cash. This move removes a significant amount of Solana from the corporate treasury market. The tender offer maintains a $3-per-share price, despite challenges from Bastion. Solana was trading near $105 at the time of the report.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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