SkyAI Divests All Solana Holdings and Unveils $201 Million Buyback Initiative

Crypto News

SkyAI Divests All Solana Holdings and Unveils $201 Million Buyback Initiative

SkyAI Sells Its Solana Holdings And Launches $201 Million Buyback Offer

10/20/2026

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...

Cointelegraph

Solana treasury firm SkyAI sells all SOL holdings, launches $201M buyback

10/19/2026

The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.

Crypto Breaking News

SkyAI Exits All SOL, Proposes $201M Buyback for Solana Treasury

10/19/2026

SkyAI, the US-listed company formerly known as Sharps Technology, has exited its Solana (SOL) treasury position and is now using its cash balance to fund a sizable share-and-warrant repurchase...

Crypto Breaking News

SkyAI Exits SOL Holdings and Announces a $201M Solana Buyback

10/19/2026

SkyAI, previously known as Sharps Technology, has exited its Solana holdings and is now seeking to return capital to shareholders through a cash-funded tender offer. The company said it sold its...

The Defiant

SkyAI Sells Entire Solana Treasury, Launches $201 Million Tender

10/19/2026

The company reports $223.8 million in cash and has dropped the offer’s SOL-price condition, while retaining a $3 share price challenged by Bastion Trading.... Read the full story at The Defiant

Coverage dates

First reported: 19 Oct 2026, 13:49 UTC

First saved on ClustZ: 20 Oct 2026, 17:22 UTC

Coverage updated: 20 Oct 2026, 17:22 UTC

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