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SharpLink Gaming's rally is driven by ETH holdings, not business growth, with shares trading far above NAV and fundamentals.
The firm says it may sell an additional $279 million from the previous authorization, alongside the new $5 billion issuance.
SharpLink now owns over 310,000 ETH, worth nearly $1B. Here's why the company is buying so much Ethereum—and why other businesses might follow.
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Amazon S3 on MSNThis Company Holds More ETH Than The Ethereum FoundationSharpLink Gaming overtook the Ethereum Foundation to become the largest corporate holder of ether. The Nasdaq-listed firm, ...
SharpLink Gaming acquires $73M in Ethereum via Coinbase Prime, raising total ETH holdings to nearly 300K amid rising ...
SharpLink Gaming, currently the largest identified corporate holder of Ether, purchased almost $49 million in ETH on Sunday.
SharpLink now holds over 270,000 ETH, becoming the second-largest corporate holder after the Ethereum Foundation.
SharpLink Gaming boosted its Ethereum holdings with a $49 million purchase. The company began its Ethereum treasury strategy ...
The Ethereum was transferred to SharpLink’s wallet from a wallet tied to Galaxy Digital’s over-the-counter trading desk.
Ethereum Foundation sells 10,000 ETH to SharpLink, fueling staking and market speculation as institutional interest and price momentum accelerate.
SharpLink buys 31,487 ETH, boosting its treasury to 253,000 ETH with $45 million in gains, signaling long-term Ethereum support.
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