SharpLink Gaming plans $1B $ETH purchase following share offering filing

#SharpLinkGaming has filed with the U.S. Securities and Exchange Commission #SEC to offer up to $1 billion in common stock, with plans to use most of the proceeds to purchase Ether #ETH . The move is part of the company’s new #Ethereum -based treasury strategy, announced earlier this week.

In addition to Ether acquisitions, the funds may also be used for working capital, corporate expenses, and core operations, according to the May 30 filing.