Sharps Technology Secures $400M to Build Largest Solana Treasury
The post Sharps Technology Secures $400M to Build Largest Solana Treasury appeared on BitcoinEthereumNews.com. TLDR: Sharps Technology raised $400M through PIPE financing to establish the largest Solana (SOL) digital asset treasury. Investors include ParaFi, Pantera, Monarq, CoinFund, Arrington Capital, FalconX, and other leading crypto institutions. Company signed an MoU with Solana Foundation to acquire $50M worth of SOL at a 15% discount. The PIPE deal priced at $6.50 per unit with warrants at $9.75 and closing expected by August 28, 2025. Sharps Technology is moving aggressively into the crypto market. The company has lined up a $400 million private placement deal that will put Solana at the center of its treasury strategy. Backing comes from some of the biggest names in digital assets, including ParaFi, Pantera, and Monarq. It also signed an agreement with the Solana Foundation to acquire tokens at a discount. The move positions the firm as one of the largest institutional holders of SOL. $400M PIPE Financing to Strengthen Solana Strategy According to Wu Blockchain, Sharps Technology (Nasdaq: STSS, STSSW) finalized a $400 million PIPE financing round to execute its new digital asset strategy. Investors in the round included ParaFi, Pantera, Monarq, FalconX, Phoenix Capital, and CoinFund. The deal also attracted support from Arrington Capital, Republic Digital, and other asset managers. Sharps Technology (Nasdaq: STSS / STSSW) completed a $400M PIPE financing to build the world’s largest Solana (SOL) treasury, with investors including ParaFi, Pantera, and Monarq. It signed an MoU with the Solana Foundation to buy $50M SOL at a 15% discount.… — Wu Blockchain (@WuBlockchain) August 25, 2025 The company priced the transaction at $6.50 per unit. Each unit included either common stock or pre-funded warrants alongside stapled warrants exercisable at $9.75 for three years. Closing is scheduled on or around August 28, pending routine approvals. Proceeds will go toward acquiring Solana tokens and launching dedicated treasury operations. The…
The post Sharps Technology Secures $400M to Build Largest Solana Treasury appeared on BitcoinEthereumNews.com.
TLDR: Sharps Technology raised $400M through PIPE financing to establish the largest Solana (SOL) digital asset treasury. Investors include ParaFi, Pantera, Monarq, CoinFund, Arrington Capital, FalconX, and other leading crypto institutions. Company signed an MoU with Solana Foundation to acquire $50M worth of SOL at a 15% discount. The PIPE deal priced at $6.50 per unit with warrants at $9.75 and closing expected by August 28, 2025. Sharps Technology is moving aggressively into the crypto market. The company has lined up a $400 million private placement deal that will put Solana at the center of its treasury strategy. Backing comes from some of the biggest names in digital assets, including ParaFi, Pantera, and Monarq. It also signed an agreement with the Solana Foundation to acquire tokens at a discount. The move positions the firm as one of the largest institutional holders of SOL. $400M PIPE Financing to Strengthen Solana Strategy According to Wu Blockchain, Sharps Technology (Nasdaq: STSS, STSSW) finalized a $400 million PIPE financing round to execute its new digital asset strategy. Investors in the round included ParaFi, Pantera, Monarq, FalconX, Phoenix Capital, and CoinFund. The deal also attracted support from Arrington Capital, Republic Digital, and other asset managers. Sharps Technology (Nasdaq: STSS / STSSW) completed a $400M PIPE financing to build the world’s largest Solana (SOL) treasury, with investors including ParaFi, Pantera, and Monarq. It signed an MoU with the Solana Foundation to buy $50M SOL at a 15% discount.… — Wu Blockchain (@WuBlockchain) August 25, 2025 The company priced the transaction at $6.50 per unit. Each unit included either common stock or pre-funded warrants alongside stapled warrants exercisable at $9.75 for three years. Closing is scheduled on or around August 28, pending routine approvals. Proceeds will go toward acquiring Solana tokens and launching dedicated treasury operations. The…
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