SkyAI has fully liquidated SOL and currently holds $223.8 million in cash.

PANews October 19 news, according to The Block, Solana treasury company SkyAI (formerly Sharps Technology) has sold all of its Solana assets, with its holdings dropping from over 2 million SOL in September to zero as of October 16. The company currently holds $223.8 million in cash and has initiated a buyback program with a total repurchase amount of up to $201.3 million at a repurchase price of $3 per share (or per warrant).

PANews October 19 news, according to The Block, Solana treasury company SkyAI (formerly Sharps Technology) has sold all of its Solana assets, with its holdings dropping from over 2 million SOL in September to zero as of October 16. The company currently holds $223.8 million in cash and has initiated a buyback program with a total repurchase amount of up to $201.3 million at a repurchase price of $3 per share (or per warrant).