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SharpLink Initiates $1.5 Billion Stock Repurchase Plan
Summary: According to official sources, SharpLink has begun executing a $1.5 billion stock repurchase plan, buying back approximately 1 million shares of SBET. SharpLink stated that they believe their stock is significantly undervalued. Repurchasing stocks when Net Asset Value (NAV) is below 1 will immediately boost earnings and bring compounding benefits to long-term shareholder value.
According to official sources, SharpLink has begun executing a $1.5 billion stock repurchase plan, buying back approximately 1 million shares of SBET. SharpLink stated that they believe their stock is significantly undervalued. Repurchasing stocks when Net Asset Value (NAV) is below 1 will immediately boost earnings and bring compounding benefits to long-term shareholder value.
