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Sharps Technology Raises $410M for Solana Strategy

Story Highlights
  • Sharps Technology raised $410.88 million for Solana treasury strategy.
  • The company partnered with Sol Markets and Sol Edge Limited for strategic advice and asset management.
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Sharps Technology Raises $410M for Solana Strategy

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The latest announcement is out from Sharps Technology, Inc. ( (STSS) ).

On August 25, 2025, Sharps Technology, Inc. entered into securities purchase agreements with accredited investors to raise approximately $410.88 million through private placement offerings. This capital will support the company’s Solana treasury strategy, focusing on acquiring SOL, the native digital asset of the Solana blockchain. The company also engaged Sol Markets and Sol Edge Limited for strategic advice and asset management, respectively, to enhance its operations in the crypto technology sector. The offerings, exempt from registration under the Securities Act, are aimed at funding Solana treasury operations and other corporate purposes, with Cantor Fitzgerald & Co. and Aegis Capital Corp. acting as placement agents.

More about Sharps Technology, Inc.

Average Trading Volume: 1,871,715

Technical Sentiment Signal: Sell

Current Market Cap: $13.86M

For detailed information about STSS stock, go to TipRanks’ Stock Analysis page.

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