SkyAI and Bastion Trading reach a settlement over the stock repurchase plan, and will no longer purchase SOL going forward.
on October 28, SolanaFloor disclosed that Solana treasury company SkyAI has reached a settlement with Bastion Trading, which now supports SkyAI repurchasing shares at $3 per share, having previously opposed the plan. SkyAI also confirmed that it sold all 2 million SOL at an average price of $107 each, and stated that it will not repurchase SOL after completing the share buybacks.