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

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

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

SkyAI, formerly Sharps Technology, has sold its entire Solana (SOL) treasury and launched a tender offer to repurchase up to $201.3 million in shares and warrants, reversing its cryptocurrency accumulation strategy.

The company said the tender offer is no longer tied to SOL’s price, a condition it had initially planned to include when announcing the buyback on Oct.

SkyAI intends to continue developing a financial platform combining stablecoin infrastructure on Solana with artificial intelligence.

Related: Solana shows resilience, but some areas need continued observation, Fidelity says SkyAI launched its Solana treasury strategy in August 2025 after raising more than $400 million through a private placement.

The company acquired more than 2 million SOL the following month, establishing a position valued at more than $400 million at the time.

By the end of 2025, the company held approximately 2.08 million SOL with a cost basis of $403.1 million, or roughly $194 per token.

Its holdings were valued at $250.1 million, representing approximately $153 million in unrealized losses, according to its annual financial disclosures.

The losses reflected broader pressure on companies that accumulated SOL as a treasury asset.

By February 2026, publicly traded Solana treasury companies faced more than $1.5 billion in combined unrealized losses as falling token prices weighed on their holdings and share valuations.

Analiz: Piyasa hareketliliği devam ediyor.