New SOL Treasury Company STSS Surges 55% Intraday, Current Market Cap Stands at $11.67 Million

BlockBeats News, August 25th. According to market data, influenced by the news of "Raising $400 Million to Establish SOL Treasury," the U.S.-listed new SOL Treasury company Sharps Technology, Inc. (STSS) saw its stock price rise by 55% intraday to $11.4, with a trading volume of $151 million and a turnover rate of 1269.12%. The market capitalization is currently reported to be $11.67 million.

BlockBeats previously reported that the U.S.-listed company Sharps Technology, Inc. (STSS) announced that it is conducting a $400 million financing round to support the company's digital asset treasury strategy, which will see the company adopt a core position in the Solana blockchain's native asset SOL.