SkyAI Sells Half Its SOL Treasury, Plans $201 Million Cash Buyback
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- Solana
SkyAI said it sold half of its SOL treasury and set out a $201 million cash buyback plan. The proposed offer was priced at $3 per security and was aimed at 95% of eligible shares and warrants, with a condition tied to SOL’s closing price staying above $100 during the offer period.
Key claims & sources
What it means
SkyAI’s move matters first to holders of its shares and warrants, who face a proposed $3-per-security offer aimed at 95% of eligible holdings. It also reaches market participants watching SOL, because the offer period was expected to carry a condition tied to SOL’s closing price staying above $100.
In practice, SkyAI is no longer holding the same amount of SOL in its treasury after selling half of it, and it put forward a $201 million cash buyback plan. That changes the company’s mix of assets and capital actions, while the proposed offer still leaves the same eligible shares and warrants structure in view.
Market reaction i
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
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context
What US 10-year Treasury has done before
| When | What happened | Figure |
|---|---|---|
| 2 days ago | US 10-year Treasury: 4.9 (-0.05) fall | Nov 2026 |
| 3 days ago | US 10-year Treasury: 4.95 (+0.04) rise | Nov 2026 |
| 4 days ago | US 10-year Treasury: 4.91 (-0.03) fall | Nov 2026 |
| 7 days ago | US 10-year Treasury: 4.94 (-0.04) fall | Oct 2026 |
| 8 days ago | US 10-year Treasury: 4.98 (-0.07) fall | Oct 2026 |
FRED series, with the value of each release and its change.