👤 Ethereum gets its own Michael Saylor?
Meet SharpLink Gaming ($SBET) – the first public “Ethereum holding company” on NASDAQ.
ETH finally has its own MicroStrategy-style play — and it’s making waves.
💸 What happened?
– SharpLink raised $425M via PIPE to buy Ethereum
– Participants: ParaFi, Pantera, Galaxy Digital, Electric Capital
– Result? $SBET stock jumped +433% in one day – from $7 to $35
👀 Who’s behind this?
– Joe Lubin, co-founder of Ethereum & MetaMask, is now Chairman of the Board
– The company used to run a struggling gambling business – no one cares anymore
– Just like $MSTR became a “Bitcoin wrapper” — now $SBET is doing that for ETH
🌐 Why this matters
Unlike Saylor, SharpLink wants Proof of Reserves:
– Public staking addresses
– Merkle Tree structure
– Chainlink PoR integration
This could make it the most transparent ETH-holding entity ever
📈 ETH finally gets a new narrative?
After months of silence, Ethereum just gained a bold, institutional story again.
FOMO? Maybe. But this could attract serious capital.
💼 Some are already adding ETH to experimental portfolios. Are you?