BlockBeats report, April 6: Sharps Technology released its 2025 annual report, announcing a comprehensive digital asset treasury strategy built on Solana, with over 2 million SOL accumulated to date, approximately 95% of which are staked, yielding an annualized return of about 7%.
Financial data shows that the company's total assets increased significantly from $7.3 million at the end of 2024 to $269.1 million, with approximately $250.1 million consisting of digital assets. Total revenue for 2025 amounted to approximately $7 million, of which about $6.8 million came from staking rewards, while revenue from traditional medical device operations declined significantly.
The company stated that it has largely exited its inefficient manufacturing operations and transitioned to a new model centered on digital asset management, while completing a balance sheet restructuring: shareholders' equity increased to $264.4 million, total liabilities decreased to $4.7 million, and all previously outstanding promissory notes were fully repaid.
In terms of ecosystem development, Sharps has established partnerships with Coinbase, Crypto.com, BitGo, and Jupiter, and has launched its own validation nodes.
In addition, the company raised over $430 million in 2025 through equity financing and warrants to build SOL reserves. Management stated that in 2026, the focus will be on improving staking yield efficiency and exploring additional growth pathways based on this asset base.