{"id":79441,"date":"2026-10-13T06:11:13","date_gmt":"2026-10-13T06:11:13","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/solana-treasury-firm-skyai-plans-201m-share-buyback-after-sol-sale\/"},"modified":"2026-10-13T06:11:13","modified_gmt":"2026-10-13T06:11:13","slug":"solana-treasury-firm-skyai-plans-201m-share-buyback-after-sol-sale","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/solana-treasury-firm-skyai-plans-201m-share-buyback-after-sol-sale\/","title":{"rendered":"Solana Treasury Firm SkyAI Plans $201M Share Buyback After SOL Sale"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SkyAI plans a $3 tender offer for up to 95% of shares and warrants, funded partly by SOL sales.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The move turns solana reserves into shareholder liquidity after rejecting Forward Industries\u2019 bid.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SkyAI\u2019s tender now depends on SOL holding above $100 without weakening its remaining crypto reserves.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2 data-pm-slice=\"1 1 []\">SkyAI Offers $3 Cash Exit for 95% of Shares<\/h2>\n<p>SkyAI is preparing one of the more aggressive capital-return moves yet by a crypto treasury company.<\/p>\n<p>The Nasdaq-listed firm said it expects to launch a $3-per-share cash tender offer around Oct. 15, covering up to 95% of its common stock and several classes of pre-funded and advisor warrants.<\/p>\n<p>The maximum purchase price is approximately $201 million.<\/p>\n<p>At $3, the offer represents a 65% premium to SkyAI\u2019s Oct. 9 closing price and more than double its 60-day volume-weighted average price, <a href=\"https:\/\/www.globenewswire.com\/fr\/news-release\/2026\/10\/12\/3378548\/0\/en\/skyai-announces-intention-to-commence-cash-tender-offer-to-purchase-common-stock-and-pre-funded-warrants-at-3-00-per-share-pre-funded-warrant.html\" target=\"_blank\" rel=\"noopener noreferrer\">according to the company<\/a>.<\/p>\n<h2>SkyAI Is Selling SOL to Fund the Offer<\/h2>\n<p>The most striking part of the plan is how SkyAI intends to finance it.<\/p>\n<p>The company said purchases would be funded with cash on hand and proceeds from sales of SOL held in its treasury. SkyAI recently sold about 1 million <a href=\"https:\/\/news.bitcoin.com\/stablecoins\/solana-hits-14m-stablecoin-holders-card-volume-tops-1b\/\">solana tokens<\/a>, roughly half of its holdings, and still owns approximately 1 million SOL.<\/p>\n<p>It may sell more depending on market conditions.<\/p>\n<p>That makes the tender offer a direct link between crypto treasury management and shareholder liquidity. Instead of simply holding SOL as a balance-sheet asset, SkyAI is converting part of that position into cash to repurchase equity.<\/p>\n<p>The offer is not subject to financing conditions because SkyAI says its cash and digital assets exceed the maximum purchase amount.<\/p>\n<h2>SOL Must Stay Above $100<\/h2>\n<p>The tender comes with several important conditions.<\/p>\n<p>At least 50% of each eligible class must be tendered. The closing <a href=\"https:\/\/www.bitcoin.com\/price\/solana\/\" target=\"_blank\" rel=\"noopener noreferrer\">price of SOL<\/a> must also remain above $100 throughout the offer period.<\/p>\n<p>Other conditions include no major market disruption, no legal order blocking the transaction, and no outcome that would cause SkyAI to lose its Nasdaq listing or Exchange Act registration.<\/p>\n<p>If more than 95% of any class is tendered, purchases would be made on a pro rata basis.<\/p>\n<p>The structure means <a href=\"https:\/\/news.bitcoin.com\/price-predictions\/ethereum-solana-and-zcash-face-wild-year-end-price-predictions\/\">solana\u2019s market price<\/a> is not just a portfolio issue for SkyAI. It is now directly tied to whether the capital-return plan proceeds as intended.<\/p>\n<h2>Board Rejects Forward Industries Bid<\/h2>\n<p>At the same time, SkyAI rejected Forward Industries\u2019 unsolicited, non-binding proposal to acquire the company through an all-stock exchange. Forward offered 0.306 FWDI shares for each SkyAI share.<\/p>\n<p>SkyAI\u2019s board unanimously concluded that the proposal undervalued the company and provided insufficient certainty around timing and value.<\/p>\n<p>The contrast is notable.<\/p>\n<p>SkyAI is rejecting an external takeover while offering shareholders a premium-priced internal exit funded partly by selling crypto assets.<\/p>\n<p>For investors, the story is no longer simply about a solana treasury strategy. It is about whether SkyAI can turn that treasury into shareholder value without undermining the balance-sheet thesis that made SOL central to the company in the first place.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden md:flex md:flex-row md:gap-3 lg:hidden\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/solana-hits-14m-stablecoin-holders-card-volume-tops-1b\/\"><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/div>\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden lg:flex lg:flex-row lg:gap-4\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/solana-hits-14m-stablecoin-holders-card-volume-tops-1b\/\"><img alt=\"Solana Hits 14M Stablecoin Holders as Card Volume Tops $1B\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fsolana-hits-14m-stablecoin-holders-as-card-volume-tops-1b-150x150.jpg&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/p>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Solana\u2019s stablecoin footprint has expanded to more than 14 million holder addresses, alongside over $15 billion in supply and $1\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/finance\/solana-treasury-firm-skyai-plans-201m-share-buyback-after-sol-sale\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways SkyAI plans a $3 tender offer for up to 95% of shares and warrants, funded partly by SOL sales. The move turns solana reserves into shareholder liquidity after rejecting Forward Industries\u2019 bid. SkyAI\u2019s tender now depends on SOL holding above $100 without weakening its remaining crypto [&hellip;]<\/p>\n","protected":false},"author":3947362377,"featured_media":79442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79441"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362377"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=79441"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/79442"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=79441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=79441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=79441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}