NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Sharps Technology, Inc. (“STSS” or the “Company”) (NASDA...








    



            







    
        
            February 05, 2026 07:00 ET
        

        
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                Sharps Technology Inc
            
                

        
    

    

    

    





        
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, as amended. All statements in this release other than statements of historical fact are forward-looking statements, including statements regarding the Company’s execution of its Solana digital asset treasury strategy, the anticipated benefits of its collaboration with BitGo, and the potential opportunities such initiatives may create for retail and institutional audiences. Forward-looking statements are based on current expectations, assumptions, and beliefs, and involve risks and uncertainties that could cause actual results to differ materially.  These risks and uncertainties include, among others: the Company’s ability to successfully execute its Solana treasury strategy; volatility in the market price of SOL and other digital assets; changes in the regulatory or legal environment; competitive pressures; and general market, economic, and business conditions. Additional risks are described in the “Risk Factors” section of the Company’s filings with the Securities and Exchange Commission (the “SEC”), which are available on the SEC’s website at www.sec.gov.  Forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update or revise these statements, whether as a result of new information, future developments, or otherwise, except as required by law.  About Sharps Technology  Sharps Technology is an innovative medical device and pharmaceutical packaging company offering patented, best-in-class, smart-safety syringe products to the healthcare industry. The Company's product lines focus on providing ultra-low waste capabilities that incorporate syringe technologies that use both passive and active safety features.  The Company has adopted a digital asset treasury strategy focused on accumulating SOL, the native digital asset of the Solana blockchain, leveraging capital markets raises to power on-chain yield generation with the Solana Ecosystem.   Contact  ir@sharpstechnology.com  About BitGo  BitGo (NYSE: BTGO) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank & Trust, National Association, a federally chartered digital asset trust bank. Today, BitGo serves thousands of institutions, including many of the industry's top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide.  
            

BTGO

Sharps Technology and BitGo Announce Collaboration to Advance Solana Treasury Strategy

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Sharps Technology, Inc. (“STSS” or the “Company”) (NASDA...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>BitGo has entered a strategic partnership with Sharps Technology to enhance its Solana digital asset treasury strategy. This collaboration is significant as it provides a secure platform for managing digital assets, likely improving BitGo&#039;s market presence and credibility in the digital asset ecosystem.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>BTGO collaborates with STSS for Solana treasury expansion.</li><li>STSS will leverage BitGo’s custody and staking services.</li><li>This partnership aims for secure and scalable digital asset management.</li><li>BitGo&#039;s recent IPO enhances its market position and appeal.</li><li>STSS focuses on institutional-grade strategies for digital assets.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Sharps Technology Inc (STSS)</strong>: Partners with BitGo to enhance its digital asset strategy.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; due to the strategic collaboration between BitGo and Sharps Technology, indicating an important shift towards institutional-grade digital asset management services.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Expansion of custody and staking services could drive institutional interest in BTGO.</li><li>BitGo&#039;s IPO could create upward momentum and enhance investor confidence.</li><li>Increased Solana institutional adoption may significantly elevate BitGo&#039;s valuation.</li><li>Any volatility in SOL could impact BTGO&#039;s operational performance and revenue.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>BTGO collaborates with STSS for a Solana treasury strategy.</li><li>STSS aims to institutionalize their holdings using BitGo&#039;s services.</li><li>BitGo facilitates secure custody and optimized treasury management.</li><li>This partnership encourages the development of the Solana network.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Expect BTGO stock appreciation as strategic partnerships enhance institutional adoption in the near term.</p>
  </section>
</section>


<article>
    <header>
        <h1>Sharps Technology Partners with BitGo to Enhance Solana Treasury Strategy</h1>
        <p><strong>Release Date:</strong> February 05, 2026</p>
        <p><strong>Source:</strong> GlobeNewsWire</p>
    </header>

    <section>
        <h2>Overview of the Strategic Collaboration</h2>
        <p>On February 5, 2026, <strong>Sharps Technology, Inc.</strong> (NASDAQ: STSS), known for its innovative medical devices, announced a significant partnership with <strong>BitGo Bank & Trust, National Association</strong> (NYSE: BTGO), a leader in digital asset infrastructure. This collaboration aims to strengthen Sharps Technology's Solana (SOL) digital asset treasury approach by utilizing BitGo's advanced services, thereby institutionalizing their strategies and enhancing operational efficiency.</p>
    </section>

    <section>
        <h2>Key Components of the Partnership</h2>
        <p>As part of the strategic arrangement, Sharps Technology plans to implement the following:</p>
        <ul>
            <li>Utilization of BitGo’s institutional-grade qualified custody through its OCC regulated entity.</li>
            <li>Leverage BitGo’s Solana staking validator to generate competitive rewards on SOL holdings.</li>
            <li>Access BitGo’s over-the-counter (OTC) trading services for improved liquidity management.</li>
        </ul>
        <p>This collaboration not only consolidates custody and staking but also enhances liquidity execution within a unified institutional platform, establishing a well-structured treasury management framework.</p>
    </section>

    <section>
        <h2>Implications for the Solana Network</h2>
        <p>The partnership reinforces Sharps Technology's commitment to nurturing the growth of the Solana network, aligning with key infrastructure providers in the Solana ecosystem. By engaging BitGo’s platform for deploying SOL across various validators, including BitGo’s own, the partnership seeks to optimize treasury strategies that are both secure and scalable.</p>
    </section>

    <section>
        <h2>Quotes from Leadership</h2>
        <p>James Zhang, Strategic Advisor to Sharps Technology, expressed that <em>“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.”</em> This collaboration reflects the growing convergence between institutional digital asset infrastructure and public market adoption.</p>
        <p>Mike Belshe, CEO and Co-Founder of BitGo, added, <em>“STSS is taking steps to further institutionalize its Solana treasury strategy, and BitGo is pleased to support that effort.”</em> He highlighted the benefits of combining qualified custody with validator participation and staking support for a centralized operational foundation.</p>
    </section>

    <section>
        <h2>Forward-Looking Statements</h2>
        <p>This announcement contains forward-looking statements as defined by the Private Securities Litigation Reform Act, emphasizing potential risks and uncertainties that could lead to actual results differing materially from those anticipated. Factors include volatility in the SOL market, regulatory changes, competitive pressures, and general economic conditions.</p>
        <p>Investors are encouraged to review the “Risk Factors” section in the Company's filings with the Securities and Exchange Commission (SEC) for more detailed information available on the SEC’s official website.</p>
    </section>

    <section>
        <h2>About Sharps Technology</h2>
        <p>Sharps Technology is at the forefront of innovation in the medical device sector, focusing on ultra-low waste syringe technologies with passive and active safety features. The Company actively pursues a Solana digital asset treasury strategy, accumulating SOL to leverage capital markets for on-chain yield generation.</p>
    </section>

    <section>
        <h2>About BitGo</h2>
        <p>BitGo (NYSE: BTGO) is a leading digital asset infrastructure provider, offering comprehensive services including custody, wallets, staking, trading, and settlements from regulated cold storage. Since its inception in 2013, BitGo has been instrumental in transitioning the financial system toward a digital asset economy, serving thousands of institutions globally.</p>
    </section>
</article>

BitGo has entered a strategic partnership with Sharps Technology to enhance its Solana digital asset treasury strategy. This collaboration is significant as it provides a secure platform for managing digital assets, likely improving BitGo's market presence and credibility in the digital asset ecosystem.

Sharps Technology and BitGo Announce Collaboration to Advance Solana Treasury Strategy

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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