SkyAI sold $12.5M worth of SOL in first half

SkyAI, formerly Sharp Technology, sold 135,399 SOL for $12.47 million in the first half of this year, CryptoSlate reported. In a filing with the U.S. SEC, SkyAI disclosed the first-half SOL sales and said it could continue raising funds through additional token sales until it can generate sufficient cash from operations. As of the end of the second quarter, the company was still holding SOL and had about $84.34 million in unrealized losses for the first half. SkyAI currently holds 1,494,026 liquid SOL and 509,650 locked-up SOL, according to the report. With SOL trading at around $75.63, the value of SkyAI's holdings stands at about $151 million.