SkyAI settles with Bastion Trading on $3-per-share buyback
- —Bastion Trading shifted from opposing the buyback to supporting it
- —SkyAI sold its entire 2 million SOL position at an average of $107
- —The settlement resolves a conflict over the company's Solana treasury strategy
Why it matters: The sale of 2 million SOL and the settlement remove uncertainty around a large Solana holder, though they mark an exit from the asset.
Source: Coinfomania