NEW YORK, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Sharps Technology, Inc. (“STSS” or the “Company”), a U.S.-based medical device sales and distribution platform that has adopted a Solana-based treasury strategy, today announced financial results for the third quarter ended September 30, 2025, and provided updates on the execution of its capital markets and digital asset initiatives. “The third quarter was transformative for Sharps Technology,” said Paul K. Danner, Executive Chairman. “Our adoption of a Solana-bas ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-41355 Sharps Technology, Inc. (Exact name of registrant as specified in its charter) State or other jurisdiction of incorporation or organization Nevada 82-3751728 (I.R.S. Employ ...

Pudgy Penguins and Sharps Technology Partner to Explore the Integration of NFTs and On-Chain Treasury StrategiesPudgy Penguins and Nasdaq-listed Sharps Technology have partnered to integrate Sharps’ Solana-based treasury system with the Pudgy Penguins brand. The collaboration aims to boost brand visibility and promote institutional adoption by combining NFT assets with on-chain treasury strategies. Read Morehttps://t.co/Z4KSqNqkMz ...

Core Insights - Sharps Technology, Inc. (STSS) has entered into a strategic partnership with Coinbase Global, Inc. to enhance its digital asset treasury strategy centered around Solana [1][3] - STSS has acquired over 2 million SOL, valued at over $400 million based on the current price of SOL exceeding $210 [1] - The partnership will leverage Coinbase's institutional-grade infrastructure, deep liquidity, and competitive pricing to manage STSS's Solana treasury more effectively [3] Company Overview - Sharps Technology is a medical device sales and distribution company that has adopted a digital asset treasury strategy focused on the native Solana asset, SOL, to drive on-chain yield growth within the Solana ecosystem [4]

Core Insights - Sharps Technology, Inc. has announced a strategic collaboration with Coinbase to expand its Solana digital asset treasury strategy, having acquired over 2 million SOL valued at over $400 million [1][2]. Group 1: Company Strategy - The collaboration with Coinbase aims to leverage its digital asset treasury strategy to advance decentralized finance [2]. - STSS plans to utilize Coinbase Prime's custody infrastructure and OTC desk products as part of this partnership [2]. - The partnership highlights STSS's commitment to supporting the global adoption of digital assets and working with secure, regulated service providers [2]. Group 2: Financial Position - STSS has acquired over 2 million SOL, currently valued at over $400 million, with SOL trading at over $210 [1]. - The company is focused on accumulating SOL, the native digital asset of the Solana blockchain, to power on-chain yield generation [6].

Core Insights - New to The Street is set to broadcast a nationwide episode on Fox Business featuring interviews with innovative companies such as NeOnc Technologies, FLOKI, XION, Sharps Technology, and Aeries Technology, focusing on their growth and leadership in their sectors [1][2]. Group 1: Company Highlights - The episode will showcase NeOnc Technologies (NASDAQ:NTHI), FLOKI, XION, Sharps Technology (NASDAQ:STSS), and Aeries Technology (NASDAQ:AERT), emphasizing their innovations and market positions [1]. - New to The Street aims to spotlight cutting-edge companies and emerging leaders through investor-focused interviews [2]. Group 2: Programming and Reach - The broadcast is presented as sponsored programming, supported by national TV commercials, enhancing visibility for featured companies [3]. - New to The Street has been a premier platform for corporate storytelling for over 16 years, providing exposure on Fox Business and Bloomberg TV, and has a significant digital presence with over 3.5 million YouTube subscribers [4].

Core Insights - Sharps Technology, the second-largest corporate holder of Solana, has announced a $100 million stock repurchase program to stabilize its equity performance and reassure investors following a significant decline in its share price [1][6] - The company recently secured a $400 million PIPE deal to establish the world's largest Solana treasury, indicating strong institutional backing and commitment to Solana's growth [2][4] - Despite the company's strategic moves, its stock has struggled, with a nearly 43% decline over the past month, contrasting with the positive performance of Solana [5][6] Group 1: Stock Repurchase Program - The $100 million buyback program will allow Sharps to purchase its common shares through open market and negotiated transactions [1] - This initiative is seen as a parallel effort to reinforce shareholder value amid volatility in both equity and crypto markets [6] Group 2: Solana Holdings and Strategy - Sharps holds approximately 2 million SOL, valued at about $448 million, reflecting a significant investment in Solana [4] - The company signed a memorandum of understanding with the Solana Foundation to purchase $50 million worth of SOL at a 15% discount, showcasing alignment in building Solana as a financial infrastructure layer [3][4] Group 3: Market Performance - Sharps' stock closed at $6.67, down 1.68% in the past 24 hours and nearly 43% lower over the past month, indicating market challenges [5] - In contrast, Solana's performance has been strong, trading at $228.04, with notable increases over various time frames [5]

Core Insights - Sharps Technology (STSS), a Nasdaq-listed company, announced a plan to repurchase up to $100 million of its outstanding common stock [1] - The new stock buyback program will allow the company to repurchase its shares in the open market and through negotiated transactions [1] - Currently, Sharps Technology holds 2 million SOL, valued at approximately $448 million, but its stock price has significantly declined from a peak of $16 in late August to a current price of $6.52 [1]

Core Insights - Sharps Technology Inc. announced a stock repurchase plan of up to $100 million through open-market purchases and negotiated transactions [1] - The company is expanding its digital asset strategy focused on Solana in partnership with Crypto.com, which will provide custody, liquidity, and over-the-counter trading services [1][4] - Sharps has acquired over 2 million Solana tokens, valued at over $400 million, with plans to deploy a portion into Solana-native projects to earn yield [2] Group 1 - The partnership with Crypto.com aims to connect traditional finance with blockchain assets and position Sharps as a significant institutional player in the Solana ecosystem [4] - The strategic advisor emphasized that the digital asset treasury is a step toward building open and efficient financial infrastructure [3] - The stock price of STSS increased by 2.65% to $6.96 in premarket trading following the announcements [4]

Core Points - Sharps Technology, Inc. announced a stock repurchase program to acquire up to $100 million of its outstanding common stock, aimed at enhancing shareholder value and demonstrating confidence in the company's long-term growth prospects [1][4] - The company has established a Solana digital asset treasury strategy and has acquired over 2 million SOL, focusing on leveraging capital markets to generate on-chain yield within the Solana ecosystem [2][7] Stock Repurchase Program - The stock repurchase program allows the company to buy back shares in the open market and through negotiated transactions, with the timing and method of repurchases dependent on market conditions and regulatory requirements [1][4] - The program reflects the company's current expectations and is subject to various risks and uncertainties, including market volatility and competitive pressures [4][5] Digital Asset Strategy - Sharps Technology's digital asset treasury strategy is centered around accumulating SOL, the native digital asset of the Solana blockchain, to enhance its financial position [2][7] - The company aims to utilize capital raises to support yield generation within the Solana ecosystem, indicating a strategic shift towards integrating digital assets into its business model [7]