Express

SBET Raises Approximately $413 Million Last Week, All to Be Used for Increasing Ethereum Holdings

Summary: In a recent announcement, SharpLink Gaming (SBET) stated that in addition to becoming the largest Ethereum (ETH) holder among corporate entities, SharpLink raised approximately $413 million in net proceeds through its ATM program from July 7th to 11th. Of this amount, around $156 million has been used to purchase Ethereum, while the remaining $257 million ...

In a recent announcement, SharpLink Gaming (SBET) stated that in addition to becoming the largest Ethereum (ETH) holder among corporate entities, SharpLink raised approximately $413 million in net proceeds through its ATM program from July 7th to 11th. Of this amount, around $156 million has been used to purchase Ethereum, while the remaining $257 million can be utilized for future Ethereum acquisitions.

Last Update:

Tags:
Link: SBET Raises Approximately $413 Million Last Week, All to Be Used for Increasing Ethereum Holdings   [Copy]
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 2 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 3 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 5 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 5 days ago
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 8 days ago
  • You need to login to comment.