Overview

• Coinbase Prime will provide custody and trading support, including secure storage and access to OTC liquidity for large SOL transactions.
• Sharps has acquired more than 2 million SOL, a stake valued at over $400 million at recent prices above $210.
• The Solana holdings were funded through a private placement disclosed in August with plans to deploy tokens for on-chain yield.
• The company has shifted from medical devices to a Solana-focused digital asset treasury strategy with reported plans for stock buybacks tied to the pivot.
• STSS shares rose 1.64% to $6.80 in premarket trading before later hovering near $6.68, down 0.15% intraday.