Sharps Technology Expands Digital Asset Treasury Strategy with Coinbase

Sharps Technology (NASDAQ: STSS) announced on October 9, 2025 a strategic collaboration with Coinbase to expand its Solana digital-asset treasury strategy. STSS has acquired over 2 million SOL, currently valued at >$400 million with SOL trading above $210.The company intends to use Coinbase Prime custody and Coinbase's OTC desk to manage custody, liquidity, and execution. The collaboration is framed as supporting wider adoption of digital assets while relying on regulated institutional infrastructure. The release also highlights forward-looking risks including execution, SOL price volatility, and regulatory or legal changes.