SkyAI Exits All SOL, Proposes $201M Buyback for Solana Treasury
SkyAI, the US-listed company formerly known as Sharps Technology, has exited its Solana (SOL) treasury position and is now using its cash balance to fund a sizable share-and-warrant repurchase tender offer. The shift marks a clear break from the strategy it adopted about a year ago—accumulating SOL as part of its corporate treasury policy.