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Sharps Technology, Inc. Closes Over $400 Million Private Placement, Launching Solana Digital Asset Treasury Strategy

  • Sharps Technology, Inc. has completed a private placement offering that generated over $400 million in gross proceeds, with a potential total of $1 billion if all warrants are exercised.
  • The company will initiate a digital asset treasury strategy focused on accumulating SOL, the digital asset of the Solana blockchain.
  • The financing involved leading global financial institutions, including ParaFi, Pantera, and others.
  • Sharps Technology aims to provide updates on its SOL holdings and performance metrics to maintain transparency with investors.
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The Berkshire EagleThe Berkshire Eagle
+36 Reposted by 36 other sources
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Sharps Technology, Inc. Closes Over $400 Million Private Placement, Launching Solana Digital Asset Treasury Strategy

Transaction could raise up to $1 billion in aggregate gross proceeds if all of the warrants are exercised, which would make Sharps Technology one of the largest Solana treasury companies

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PR Newswire broke the news in United States on Thursday, August 28, 2025.
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