SharpLink stock rockets 420% on $425m strategic crypto placement
SharpLink Gaming is raising $425 million in a private placement to adopt Ethereum as its primary treasury asset, with Ethereum co-founder Joseph Lubin joining as Chairman.
The PIPE (private investment in public equity) round includes 69.1 million shares priced at $6.15 each ($6.72 for management), with Consensys Software Inc., founded by Ethereum co-founder Joseph Lubin, as the lead investor.
