According to Mars Finance news and PRNewswire reports, Nasdaq-listed Sharps Technology announced the completion of its private placement of common stock and warrants, with total proceeds from this fundraising transaction exceeding $400 million. Additionally, the company stated that exercising all warrants could raise an additional $600 million, which means its total fundraising scale will expand to $1 billion. The new funds will support its strategy for a digital asset treasury, with the primary holding being the native digital asset SOL of the Solana blockchain.