Altcoins
SkyAI Dumps Its Entire Solana Treasury to Fund a $201 Million Stock Buyback
SkyAI, formerly Sharps Technology, has sold its entire Solana treasury. The company launched a tender offer to buy back up to $201.3 million in shares and warrants at $3 each. SkyAI held about $223.8 million in cash as of Oct. 16.
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