Sharps Technology Unveils $100M Solana Buyback – Are Treasury Firms Turning Sour on SOL?

Sharps Technology, the second-largest corporate holder of Solana with more than $400 million in SOL reserves, has announced a $100 million stock repurchase program. The buyback will allow the company to purchase its common shares through open market and negotiated transactions, according to a statement released on Wednesday. The move comes just weeks after Sharps unveiled one of the most ambitious corporate blockchain finance strategies to date. In August, the firm secured a $400 million private investm ...