Bastion Trading Presses SkyAI Over Full Solana Treasury Sale

Bastion Trading, a SkyAI shareholder, is demanding an explanation for the company’s sale of its entire Solana (SOL) position and a higher tender offer, putting the board under pressure over two decisions tied to shareholder accountability. Bastion wants SkyAI’s board to explain why it liquidated all of the company’s SOL or resign. The shareholder is also calling for the tender offer price to rise from $3 to at least $3.50 per share. That would add at least 50 cents per share, or about 16.7%, to the current offer.