Solana Boost – Medical Firm’s $400M Stock Sale Powers New SOL Treasury
The trend of companies establishing crypto treasuries is gaining momentum, with Sharps Technology—a small player in the medical device and pharmaceutical sector—being the last to announce a plan to raise $400 million through a stock sale aimed at funding Solana (SOL) treasury. New Solana Treasury In The Makings The capital raise, which is set to close on August 28, will effectively transform Sharps’ stock into a proxy for the Solana price, attracting backing from crypto investment firms such as ParaFi, Pantera Capital, and CoinFund. This infusion of over $400 million positions....
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