Sharps Technology Stock Surges Amid $400 Million SOL Treasury Initiative

According to BlockBeats, the stock price of Sharps Technology, Inc. (STSS), a publicly traded company on the U.S. stock market, rose by 55% during intraday trading, reaching $11.4. This surge follows the announcement of a $400 million fundraising effort to establish a SOL treasury. The trading volume reached $151 million, with a turnover rate of 1269.12%, and the company's market capitalization is currently reported at $11.67 million. Previously, Sharps Technology, Inc. announced that it is undertaking a significant fundraising initiative to support its strategy of building a digital asset treasury centered around Solana blockchain's native asset, SOL.