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Sharps Technology to Increase Fundraising to $1 Billion and Launch Digital Asset Treasury Strategy

By: theblockbeats.news|2025/08/29 03:02:22

BlockBeats News, August 29th, according to PRNewswire, Nasdaq-listed company Sharps Technology announced that the private placement of common stock and warrants has been completed, raising over $400 million in this transaction. If all warrants are exercised, an additional $600 million can be raised, bringing the total fundraising amount to $1 billion. The new funds will support its digital asset treasury strategy, with the primary holding of the treasury being SOL.

The Federal Reserve's probability of a rate cut in September is 83.1%.

Ethereum PoS Network Exit Queue Decreases to around 1.058 Million ETH, Entry Queue Increases to around 735,000 ETH