TechFlow, October 2 — According to The Block, SOL treasury firm Sharps Technology plans to repurchase $100 million worth of outstanding common shares. In a statement, the company said: "This new share repurchase program enables the company to repurchase its shares in open market and negotiated transactions."
In August this year, Sharps Technology stated its ambition to become the "largest Solana digital asset treasury" and launched a $400 million PIPE (private investment in public equity). Multiple investors, including ParaFi Capital and Pantera Capital, participated in the offering.
According to The Block's data dashboard, apart from Sharps Technology and DeFi Development, Upexi and Forward Industries are two other major Solana DATs.
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