Solana Treasury Firm SkyAI Plans $201M Share Buyback After SOL Sale

Crypto Insight Summary: SkyAI plans to buy back as much as 95% of its outstanding shares and warrants for $3 each, using cash and proceeds from selling solana. The move comes after the company sold roughly half its SOL treasury and rejected an unsolicited stock-for-stock bid from Forward Industries. SkyAI Offers $3 Cash Exit for 95% of Shares […] Crypto Insight Analysis: Direction: Bullish SOL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Shareholder confidence boosted by buyback, but SOL sale may offset gains.