SkyAI sold $12.47 million of SOL in H1 2026, may sell more

SkyAI Inc. sold 135,399 SOL for $12.47 million in the first half of 2026 and said more token sales may be needed to fund operations until the business generates enough cash, according to an Aug. 7 SEC filing. The sales produced a $14.72 million realized loss, with SOL sold at an average $92.09 versus a $200.79 cost basis, or roughly 54% below cost. The company also recorded an $84.34 million unrealized loss for the six months ended June 30, while the carrying value of its digital-commodity holdings fell to $144.28 million from $250.11 million at the end of 2025. SkyAI ended June with $12.07 million in cash and positive working capital, but said token sales, equity issuance or traditional financing could still be needed until operations can support themselves.

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