the past few days $SPK has run >3x, now ~$1.43bn FDV meanwhile $SKY hasn't moved yet, now ~$1.97bn FDV but the Sky treasury actually holds 65% of $SPK (w/ plans to use over 10 years to incentivize USDS growth), now worth ~$1bn feels like one side is mispriced

more specifically "at least one side is mispriced" good chance SPK cools off after insane run, but leveling out meaningfully higher than before (id guess likely) = huge catalyst for SKY they shouldn't be priced this close to each other imo, SKY should trade at multiples of SPK