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Sharps Technology and BitGo Announce Collaboration to Advance Solana Treasury Strategy
NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Sharps Technology, Inc. (“STSS” or the “Company”) (NASDAQ: STSS), a medical device company with a Solana (SOL)
About this update from Sharps Technology Inc.
[{"type":"text","content":"NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Sharps Technology, Inc. (“STSS” or the “Company”) (NASDAQ: STSS), a medical device company with a Solana (SOL) digital asset treasury strategy, and BitGo Bank & Trust, National Association (“BitGo”), the digital asset infrastructure company, today announced a strategic collaboration under which STSS will expand and further institutionalize its Solana treasury strategy through BitGo’s services. As part of this arrangement, STSS intends to utilize BitGo’s institutional-grade qualified custody through its OCC regulated entity, BitGo Bank & Trust, National Association. In addition, STSS intends to leverage BitGo’s Solana staking validator to earn competitive rewards on SOL holdings and BitGo’s OTC trading services. By consolidating custody, staking, and liquidity execution within a single institutional platform, STSS and BitGo are establishing a strategically aligned partnership that provides the operational foundation required to execute a secure, scalable, and optimized treasury strategy. By deploying SOL through BitGo’s platform to various validators including BitGo’s own, this collaboration reinforces STSS’s pursuit to promote the growth of the Solana network in alignment with major infrastructure providers in the Solana ecosystem. “BitGo is an ideal partner for STSS as it continues to scale its Solana digital asset treasury strategy with institutional-grade security and operational excellence,” said James Zhang, Strategic Advisor to STSS. “Alongside BitGo’s recent IPO, their collaboration with STSS highlights the increasing convergence of institutional digital asset infrastructure and public market adoption.” “STSS is taking steps to further institutionalize its Solana treasury strategy, and BitGo is pleased to support that effort,” said Mike Belshe, CEO and Co-Founder of BitGo. “By combining BitGo’s qualified custody with services for validator participation, staking support, and OTC trading execution, this partnership is designed to provide STSS with a centralized operational foundation and secure workflows for managing digital assets.” Forward Looking Statements This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934,...