🔥【SharpLink News】
"Ethereum Version of MicroStrategy" Takes Action Again! Nasdaq company SharpLink (SBET) latest holdings approach 200,000 ETH (total value over 536 million USD), increased position by 9,468 ETH in June (average price $2,411), all staked on platforms like Liquid Collective, earning 222 ETH in interest monthly.
A Transformation Chess Move in a Desperate Situation
✅ Big Bets: ConsenSys founder Lubin serves as chairman of the board, top VCs like Pantera and Galaxy participate in a $425 million private placement.
✅ Stock Price Rollercoaster: Shares soared 800% in one day after news release, but then plummeted 70% due to market misinterpretation of SEC documents, traditional capital struggles to endure crypto volatility pain.
✅ Business Concerns: Core revenue down 26% year-over-year, cash flow tight, Ethereum reserves become a lifeline.
Xiaosheng's Sharp Commentary: If on-chain staking returns + Web3 synergy can land, it may break through; if it's just narrative hype, it risks becoming the "SBET version of thrilling bungee jumping".
