treasury

SharpLink Gaming Invests $463 Million in Ethereum for Treasury Reserve

SharpLink Gaming Invests $463 Million in Ethereum for Treasury Reserve

SharpLink Gaming, Inc. (Nasdaq: SBET), a Minneapolis-based company, has made a significant move into the digital asset space by acquiring 176,270.69 ETH for an aggregate purchase price of $462,947,816. SharpLink really gets strategic acquisition at approximately $2,626 per ETH. With this step, the company becomes one of the earliest Nasdaq-listed...

SharpLink Gaming's Stock Plummets Amid Ether Treasury Strategy

SharpLink Gaming's Stock Plummets Amid Ether Treasury Strategy

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...

SharpLink's ETH Treasury: Calculated Risk or Crypto Catastrophe?

SharpLink's ETH Treasury: Calculated Risk or Crypto Catastrophe?

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...