SkyAI Inc. (SKYA), a Solana treasury company, sold 135,399 SOL for $12.47 million in the first half of 2026, generating a realized loss of $14.72 million due to an average sale price of $92.09 against an average cost basis of $200.79, representing a 54% loss. Despite these sales, working capital fell to $12.63 million after the company repaid a $3.08 million margin loan and spent $2.01 million on share repurchases. Operating expenses reached $10.22 million against $192,780 in Sologard product revenue and $5.46 million in net staking revenue, while digital commodity holdings declined from $250.11 million to $144.28 million between end-2025 and end of June 2026.
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