Sharps transforms into "Solana Treasury": holding over 2 million SOL, 95% has been staked

Sharps Technology announced its 2025 annual report, declaring a comprehensive advancement of its Solana-based digital asset treasury strategy, and has accumulated over 2 million SOL, of which approximately 95% is used for staking, with an annualized yield of about 7%. Financial data shows that the company's total assets have significantly increased from $7.3 million at the end of 2024 to $269.1 million, of which approximately $250.1 million is in digital assets.

The total revenue for 2025 is about $7 million, of which approximately $6.8 million comes from staking income, while the revenue share from traditional medical device business has significantly decreased. The company stated that it has basically exited inefficient manufacturing operations and shifted to a new model centered on digital asset management, while completing a balance sheet restructuring: shareholders' equity has risen to $264.4 million, total liabilities have decreased to $4.7 million, and all previously payable notes have been settled.

In terms of ecological layout, Sharps has established partnerships with Coinbase, Crypto.com, BitGo, and Jupiter, and launched its own verification nodes. Additionally, the company raised over $430 million in 2025 through equity financing and warrants for SOL reserve construction. Management stated that in 2026, the focus will be on enhancing staking yield efficiency and exploring more growth paths based on this asset foundation.