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SkyAI Exits SOL Holdings and Announces a $201M Solana Buyback

SkyAI, previously known as Sharps Technology, has exited its Solana holdings and is now seeking to return capital to shareholders through a cash-funded tender offer. The company said it sold its entire SOL treasury and, in a filing with the U.S. Securities and Exchange Commission, disclosed approximately $223.8 million in cash remaining after the liquidation. In a change from its earlier plan, SkyAI also said the tender offer is no longer linked to Solana’s token price. The company plans to repurchase up to $201.3 million in shares and warrants at a fixed price, with the offer covering up to 95% of each class of outstanding shares and warrants, funded entirely from cash on hand. Key takeaways SkyAI fully liquidated its Solana (SOL) treasury and reported about $223.8 million in cash as of Oct. 16, per an SEC filing. A cash-funded tender offer would repurchase up to $201.3 million in shares and warrants, covering up to 95% of each class. The buyback is no longer tied to SOL’...
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Crypto PAC Drops $362K in California Race as August Vote Nears

Protect Progress, an affiliate of the crypto-focused super PAC Fairshake, is drawing fresh scrutiny after filing with the U.S. Federal Election Commission showed it spent $362,000 on advertisements supporting incumbent Democrat Aisha Wahab in California’s 14th congressional district—despite Wahab defeating the same opponent in a special election earlier this year. The development underscores the complexity of “pro-crypto” political alignments in the lead-up to the 2026 midterms, even as candidates in the district previously signaled support for digital-asset policy initiatives through questionnaires with Stand With Crypto. Key takeaways FEC records show Protect Progress spent $362,000 on media supporting Aisha Wahab against Melissa Hernandez in California’s 14th district. Wahab had already won the August 18 special election against Hernandez with more than 53% of the vote. Both Wahab and Hernandez had been rated “strongly supports crypto” after responding to Stand With Crypto que...
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Grayscale HYPG and Payward’s Hyperliquid plans highlight two routes into HYPE

Grayscale’s Hyperliquid Staking ETF, trading on Nasdaq as HYPG, provides one route to HYPE exposure as other companies explore using Hyperliquid’s infrastructure for regulated U.S. trading. Recent fund filings and a separate proposal from Payward show how those two approaches are developing. HYPG began trading on 3 June 2026. Grayscale designed the product to hold HYPE, Hyperliquid’s native asset, and participate in network staking. A September custody agreement, disclosed in an October prospectus supplement, adds another service provider to the fund’s arrangements. How HYPG’s exposure and staking work Grayscale describes Hyperliquid as a blockchain built around onchain trading infrastructure, including perpetual futures. Through HYPG, investors hold exchange-traded shares linked to the fund’s HYPE holdings rather than holding the tokens directly. The fund charges an annual sponsor fee of 0.29%, according to its SEC disclosures. Staking introduces a separate layer of costs: the same di...
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Metaplanet to Acquire 93.7% of Super League Via 2,100 BTC Deal

Super League shareholders have approved a transaction that would hand Japanese Bitcoin treasury firm Metaplanet control of the Nasdaq-listed company, setting up a path for a US-focused expansion built around acquiring more Bitcoin. The vote, detailed in a Monday announcement and accompanying SEC filing, also includes major governance and financing changes designed to make Bitcoin accumulation a central part of the rebranded business. Under the approved terms, Metaplanet is set to buy into Super League in a deal structured around common shares, governance-linked preferred stock, and warrants. The company plans to rename itself Superplanet and pursue a capital markets strategy aimed at increasing Bitcoin holdings on a per-share basis. Key takeaways Shareholders approved a plan that would give Metaplanet a 93.7% ownership stake in Super League, subject to transaction closing. Metaplanet will contribute 2,100 BTC and $2.5 million for 44.86 million Super League common shares, governance...
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Strive Adds $335M Bitcoin, Lifts Treasury to 36,818 BTC

Bitcoin treasury operator Strive reported another major increase to its BTC holdings after buying 4,045 bitcoin earlier this month. In an SEC filing, the company said it acquired the cryptocurrency between Oct. 12 and Oct. 16 at an average price of $82,803 per coin, including fees and expenses, bringing its total to 36,818 BTC. The purchase underscores how Strive is using equity-linked funding to expand its treasury strategy, with proceeds from warrant exercises also contributing to its balance sheet. According to BitcoinTreasuries.net data, the updated holdings place Strive among the largest publicly traded corporate bitcoin holders. Key takeaways Strive bought 4,045 BTC between Oct. 12–16, averaging $82,803 per coin, including fees and expenses. Total holdings rose to 36,818 BTC, with reserves valued at about $3 billion, per BitcoinTreasuries.net. Warrant exercises on Oct. 12 and 13 generated roughly $369 million in proceeds and led to the issuance of 13.7 million shares. Str...
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Metaplanet to Buy 93.7% of Super League With 2,100 BTC Deal

Super League shareholders have approved a transaction that would dramatically reshape the company’s ownership and direction, effectively putting Japanese Bitcoin treasury firm Metaplanet in control. The deal is designed to give Metaplanet access to US capital markets via a publicly traded Bitcoin treasury vehicle—while positioning Super League to become a more Bitcoin-focused operator itself. According to a Monday update posted by Super League and related documentation filed with the US Securities and Exchange Commission (SEC), shareholders approved proposals tied to a share issuance plan with Metaplanet and Evo Fund. The restructuring is expected to enable Metaplanet’s expansion using expanded funding tools rather than relying primarily on traditional debt. Key takeaways Super League shareholders approved issuance plans that would give Metaplanet a 93.7% ownership stake. Metaplanet’s contribution includes 2,100 BTC and $2.5 million in cash in exchange for tens of millions of commo...
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dLocal and Western Union expand partnership in Africa to add remittance payouts, starting in Cameroon

dLocal and Western Union said they are expanding their partnership in Africa to include remittance payouts , building on the payments and collections work they already conduct together. The companies said the payout expansion will begin with a live payout corridor in Cameroon . They described the model as separating technology and connectivity from execution, with dLocal providing the technology and connectivity layer and regulated local partners handling the payout services under applicable local regulatory frameworks, including through “MNOs or financial institutions,” as stated in the release. How the payout expansion works, per the announcement In Cameroon, the companies said recipients will be able to receive remittances directly into supported local wallets via local payout partners. dLocal and Western Union said this aims to address what they characterized as a gap in reliable recipient options, noting that Cameroon is “fragmented” and wallet-based. The release said the exp...
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