Sharps Technology soars after over $400 million raise to hoard crypto token Solana
** Medical device and pharmaceutical packaging firm Sharps Technology's STSS.O shares jump as much as 80.6%; last up 53.2% at $11.27
** STSS announces over $400 million private placement to hoard crypto token Solana
** Investors such as asset managers Monarq, ParaFi, and Pantera participated in the transaction
** "Global adoption of Solana's ecosystem is accelerating as it continues to receive institutional support for its vision of a single global market for every tradeable asset, making now the right time to establish a digital asset treasury strategy with SOL," says STSS' newly appointed chief investment officer Alice Zhang
** Solana is the sixth-biggest crypto token globally, according to data from CoinGecko
** As of last close, STSS shares down 98.8% YTD
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