Let's cut to the chase. SharpLink Gaming, a marketing intermediary to sportsbooks, recently spent the equivalent of half a billion dollars on Ethereum. $463 million to be exact. The result is that they’re currently the largest publicly-traded ETH whale, even outpacing some of the pure-play crypto firms. The question isn't...
The reason is cryptocurrency’s extreme volatility. As someone who has sat on both sides of the investor aisle, even I was surprised by how surprisingly sudden the plunge came in SharpLink Gaming’s stock price. Within a matter of hours, shares dropped by more than two-thirds. Everyone’s confused and no one...
Sharplink Gaming’s stock price plummeted by nearly 90%. This drop came on the heels of the company’s announcement to register up to 480 million shares for resale. The filing affects almost 58.7 million common shares. Unsurprisingly, investors are spooked, and this has led to an 83% drop in the company’s...
Sharplink Gaming (SBET), an upstart online sports betting platform, just got dealt a major blow. Its stock price plummeted by an incredible 73% in after-hours trading. This steep drop came on the heels of an SEC 2580 filing that registered 58.7 million common shares to be sold into the market....
After hours trading on Sharplink Gaming (SBET) was down an eye-popping 73%. This IOU bloodbath is enough to terrify anyone, even if you don’t own a single share. Why? Because it illustrates a dangerous razor-thin line between visionary risk-taking and reckless hubris in the crypto world. If so, look no...
Ouch. Nothing can prepare you for the shock when one of your strong companies like SharpLink Gaming (SBET) is tanking 70%+. It’s the initial reaction that dashes through your head. It’s tempting to look at those maps and only see the bad news in red. You can nearly hear the...
SharpLink Gaming (SBET) got shellacked, losing a whopping 70% in after-hours trading Thursday. The New Jersey-based, Nasdaq-listed company’s stock market decline came on the heels of an SEC filing recently submitted to the U.S. Securities and Exchange Commission (SEC).The filing, an S-3ASR registration statement, will make available for resale up...
Let's cut straight to the chase. SharpLink Gaming SBET ticker image SBET audacious Ethereum ETH treasury strategy Plunging 70% is not the headline you want if you’re trying to build investor confidence, right? The bigger question isn’t whether it’s risky, but how risky. And is it a smart bet that’s...
