NEW YORK, Sept. 2, 2025 /PRNewswire/ -- Sharps Technology, Inc. (Nasdaq: "STSS" and "STSSW") today announced its first acquisition of Solana (SOL) tokens as part of its digital asset treasury strategy under which the principal holding will be SOL, the native digital asset of the Solana blockchain.
This significant acquisition represents the execution of the digital asset treasury strategy announced in the Company’s recent $400+ million private placement. The acquisition positions Sharps Technology as one of the largest corporate holders of SOL tokens, the native digital asset of Solana, which is recognized as the fastest and most used public blockchain in the world.
Sharps Technology intends to provide regular updates on its SOL holdings and performance metrics to ensure maximum transparency for investors. This commitment reflects the Company’s dedication to maintaining open communication with shareholders regarding its digital asset treasury operations.
Solana processes more transactions and generates more onchain fee revenue than all other blockchains combined, making it an attractive foundation for the Company’s digital asset treasury operations.
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