According to ChainCatcher news and PRNewswire reports, Nasdaq-listed company Sharps Technology announced that the private placement of common stock and units of warrants has been completed, raising a total of over $400 million. In addition, the company stated that exercising all warrants could raise an additional $600 million, which means the total fundraising scale will expand to $1 billion. The new funds will support its launch of a digital asset treasury strategy, with the main holdings being the native digital asset SOL of the Solana blockchain.
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Sharps Technology has expanded its fundraising scale to 1 billion USD and launched a digital asset treasury strategy.
According to ChainCatcher news and PRNewswire reports, Nasdaq-listed company Sharps Technology announced that the private placement of common stock and units of warrants has been completed, raising a total of over $400 million. In addition, the company stated that exercising all warrants could raise an additional $600 million, which means the total fundraising scale will expand to $1 billion. The new funds will support its launch of a digital asset treasury strategy, with the main holdings being the native digital asset SOL of the Solana blockchain.