CryptoThe Blockabout 1 hour ago
SkyAI Shareholder Demands Higher Buyback Price
2 min read
Bastion Trading, holding nearly 10% of Solana treasury company SkyAI, refuses to participate in a proposed $201 million buyback until the firm explains a 70% treasury drop. Bastion demands the price rise to $3.50 per share and excludes advisor warrants granted to the CIO's brother. SkyAI held 600,000 SOL on Oct. 11 after selling 1 million units.
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