Sharps Technology Announces $100 Million Stock Repurchase Program
Stock Repurchase Program: Sharps Technology, Inc. announced a stock repurchase program to buy back up to $100 million of its outstanding common stock, aimed at enhancing shareholder value and demonstrating confidence in the company's growth prospects.
Digital Asset Strategy: The company has also initiated a digital asset treasury strategy, acquiring over 2 million SOL, the native digital asset of the Solana blockchain, to leverage capital markets for on-chain yield generation.
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Sharps Technology to Enhance Solana Treasury Approach in Partnership with Coinbase
Collaboration with Coinbase: Sharps Technology is expanding its Solana digital asset treasury strategy through a strategic partnership with Coinbase Global, utilizing Coinbase Prime's custody and OTC desk services.
Acquisition of SOL: The company has acquired over 2 million SOL, valued at over $400 million, with the cryptocurrency currently trading above $210.
