Sharps Technology, a SOL treasury company, plans to repurchase $100 million worth of shares.

BlockBeats News, October 2, according to The Block, SOL treasury company Sharps Technology plans to repurchase circulating common shares worth 100 million USD. The company stated in a release: "This new stock repurchase plan will allow the company to buy back its shares on the open market and through negotiated transactions."

In August this year, Sharps Technology stated that it hopes to become "the largest Solana digital asset treasury" and launched a private investment in public equity (PIPE) transaction worth over 400 million USD. Multiple investors, including ParaFi Capital and Pantera Capital, participated in this transaction.