Solana Boost – Medical Firm’s $400M Stock Sale Powers New SOL Treasury
August 26, 2025 · 4:00 AM
Sharps Technology, a small medical device company, plans to raise $400 million through a stock sale to fund a treasury of Solana (SOL) cryptocurrency, potentially making it the largest publicly traded holder of Solana. The capital raise is set to close on August 28 and has attracted investment from firms like ParaFi and Pantera Capital. To enhance its crypto strategy, Sharps appointed Alice Zhang, a venture capitalist with ties to the Solana ecosystem, as its chief investment officer.
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