NEW YORK, April 06, 2026 (GLOBE NEWSWIRE) -- Sharps Technology, Inc., a medical device sales and distribution company that has adopted a Solana-based digital asset treasury strategy, has announced financial results for the year ended December 31, 2025. The Company exited FY 2025 with total assets of $269.1 million (up from $7.3 million at year-end 2024), over 2 million SOL held with approximately 95% staked at ~7% gross annualized yield, and total revenue of approximately $7.0 million including $6.8 million in net staking revenue.
- •Over 2 Million SOL Held with Approximately 95% Staked at ~7% Gross Annualized Yield
- •Total Assets of $269.1 Million, Up from $7.3 Million at Year-End 2024
- •Expanded Solana Ecosystem Partnerships Including Coinbase, Crypto.com, BitGo, and Jupiter
- •Total revenue of approximately $7.0 million for FY 2025, including $6.8 million in net staking revenue
- •Stockholders’ equity grew to $264.4 million from $2.0 million at year-end 2024
The Company entered 2025 as a capital-constrained medical device manufacturer and exited 2025 with what management believes is the strongest financial and strategic platform in the Company’s history. In a matter of months, Sharps launched a Solana-focused digital asset treasury strategy, accumulated more than 2 million SOL, established a recurring staking income stream with ~95% of our SOL actively staked at a ~7% gross annualized yield, eliminated unprofitable manufacturing overhead, restored positive working capital, substantially expanded stockholders’ equity, and repositioned the Company around a far more scalable and capital-flexible operating model.
With legacy manufacturing activities being phased out and a sizable SOL treasury now in place, Sharps believes it is operating from a position of substantially greater strength than a year ago. The Company is focused on maximizing staking economics across its treasury, leveraging institutional-grade counterparties and infrastructure, and deploying its balance sheet in ways management believes can accelerate long-term value creation.
Sharps enters 2026 as a materially reshaped company with a strengthened balance sheet, a productive digital asset treasury, a leaner operating profile, and expanded institutional relevance within the Solana ecosystem. Management believes the Company is now positioned not only to benefit from effective treasury execution, but also to leverage that foundation in support of broader strategic initiatives intended to enhance the Company’s long-term growth profile and open additional opportunities for future revenue generation.
The Company’s focus in 2026 is to convert its stronger platform into sustained yield generation, disciplined capital deployment, and the measured development of collaborative business capabilities that can support its next stage of growth.
“Our 2025 year-end results reflect a pivotal transition for Sharps Technology. During the year, we transformed the Company’s balance sheet, completed our strategic shift away from unprofitable legacy operating activities, established a treasury position of more than 2 million SOL, and laid the foundation for a more scalable and capital-efficient platform. As we move through 2026, we intend to build on a foundation that simply didn’t exist a year ago to grow the Company’s business.”
View the original release on GlobeNewswire.