SkyAI Sells SOL Holdings to Bridge Cash Flow Gap
SkyAI Inc., a Solana treasury company, has revealed that it sold 135,399 SOL for $12.47 million in the first half of 2026.
The sale was part of SkyAI's efforts to fund its business until operations can generate enough cash on their own.
In a recent SEC filing, SkyAI disclosed an $84.34 million unrealized digital-commodity loss for the six months ended June 30.
This loss reflected changes in fair value rather than cash leaving the business, and it was partially offset by a realized gain of $14.72 million from staking receipts and transactions.