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