# SkyAI Sells All Solana (SOL) Holdings, Launches Buyback of Up to $201.3 Million

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/34959
Published: 2026-10-19T18:37:50.000Z
Updated: 2026-10-19T18:37:50.000Z
Section: Business

> SkyAI held approximately $223.8 million in cash after the sale. Its repurchase price is $3 per share or warrant.

SkyAI has sold its entire Solana (SOL) position and launched a repurchase plan of up to $201.3 million for shares and warrants.

SkyAI held approximately $223.8 million in cash after selling its SOL holdings. The repurchase price is $3 per share or warrant.

The plan’s $201.3 million ceiling is below the company’s cash balance after the token sales.

SkyAI, formerly Sharps Technology, held more than 2 million SOL in September.

The company’s SOL balance had fallen to zero by Oct. 16.