$ETH

🚨💸 SharpLink Goes Full ETH Mode – Raising $1B to Stack Ethereum!

In a bold power move straight from the MicroStrategy handbook, SharpLink Gaming, a Nasdaq-listed iGaming and sports betting company, has unveiled plans to raise up to $1 BILLION — not to expand operations, but to buy Ethereum ($ETH ) for its corporate treasury. 😮💰

The company has filed with the SEC to issue shares, with most of the proceeds aimed squarely at ETH. The rest? Just for "general corporate purposes." Translation: ETH is the main event.

This mega-ETH move follows a $425M private placement led by Consensys (yes, the one founded by Ethereum co-founder Joseph Lubin, now on SharpLink’s board), with heavyweight backers like Pantera Capital and Galaxy Digital. 💼🔥

💥 The outcome? SharpLink’s stock has already exploded over 400%.

While the company acknowledges risks like regulatory uncertainty and potential ETH reclassification as a security, it’s clear they see Ethereum as a strategic digital asset for treasury management.

Could this be the start of an $ETH -fueled corporate wave? 👀

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