Rewards Hub Sharps Technology, a Solana treasury company, announced it raised $411 million in the third quarter to bolster its Solana (SOL) holdings. As of October 31, the company's SOL treasury exceeded 2 million tokens.
In its Q3 financial report, Sharps Technology also reported combined staking income and digital asset fair value gains of approximately $17.7 million. The funds raised will be used to further increase its SOL holdings, reflecting the company's strategic focus on Solana.
Sharps Technology Raises $411M in Q3 to Expand Solana Holdings
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