According to The Block, a major SkyAI shareholder has raised concerns about the company’s Solana (SOL) treasury after it declined by approximately 70% within a single month. The shareholder highlighted that roughly 400,000 SOL remain unaccounted for in recent activity.
Bastion Trading indicated it will not participate in a tender offer at $3 per SOL and instead seeks $3.50 per unit. The move reflects the shareholder’s push for clarity on Solana sales proceeds amid the treasury’s significant reduction.
