A major shareholder is pressing SkyAI on its Solana sales after the treasury shrank 70% in a month. When the cushion thins that fast, holders start asking who gets paid first.

What happened: A major shareholder, Bastion Trading, is pressing SkyAI over Solana sales after the company's SOL treasury shrank 70% in under a month, with 400,000 SOL unexplained. Key numbers: SOL treasury fell 70% in under a month. 400,000 SOL unexplained. Bastion Trading won't tender at $3 a share and wants $3.50. Why it matters: The shareholder is withholding its tender offer support at the current price, signaling a dispute over the treasury decline and the terms of the deal.

A major shareholder, Bastion Trading, is pressing SkyAI over Solana sales after the company's SOL treasury shrank 70% in under a month, with 400,000 SOL unexplained.

The shareholder is withholding its tender offer support at the current price, signaling a dispute over the treasury decline and the terms of the deal.