Reported 1 day ago
Sharps Technology (STSS), once a small medical-syringe manufacturer, has transformed into a significant player in the crypto market by adopting a digital asset treasury strategy focused on accumulating Solana (SOL) tokens. Following a $400 million acquisition of over two million SOL tokens, the company is now partnering with BONK, a community-driven meme coin, to stake its holdings and earn yield. This strategic pivot has made STSS a speculative crypto proxy stock, attracting volatility and speculation, raising the question for investors: should they buy shares given the associated risks?
Source: YAHOO