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Ethereum Co-Founder and Sharplink Chairman Lubin Considers Adding Leverage to Company
Summary: According to Bloomberg, Ethereum co-founder and Sharplink Gaming Inc. chairman Joe Lubin stated in an interview, 'Sharplink has not used leverage, we may take some measures to bring some leverage to the company, such as convertible equity. We will issue long-term bonds at low rates. We will not put this strategy at risk.' Previously, Sharplink ...
According to Bloomberg, Ethereum co-founder and Sharplink Gaming Inc. chairman Joe Lubin stated in an interview, 'Sharplink has not used leverage, we may take some measures to bring some leverage to the company, such as convertible equity. We will issue long-term bonds at low rates. We will not put this strategy at risk.'
Previously, Sharplink recently completed a $425 million private placement, purchasing Ether and transitioning into an Ether financial company. However, after registering shares for a group of investors, its stock price plummeted by 69%.
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