SkyAI Sells Half Its SOL Treasury, Plans $201 Million Cash Buyback

Crypto Insight Summary: The proposed $3-per-security offer targets 95% of eligible shares and warrants, with an expected condition that SOL’s closing price remains above $100 during the offer period. Crypto Insight Analysis: Direction: Bearish SOL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large SOL sell-off by SkyAI creates short-term selling pressure.