Solana treasury company SkyAI has sold approximately 70% of its SOL holdings in less than a month, with only about 600,000 SOL remaining, according to Bastion Trading. However, the timing, price, or approval process of these sales have not been fully disclosed. Bastion and its affiliates, which hold approximately 9.99% of SkyAI's shares, are calling for SkyAI to fully disclose the sales, implement board reforms, and increase the proposed cash acquisition offer price from $3.00 per share or qualified warrant to at least $3.50, while excluding management and related parties from participating.