CoinVoice has recently learned that, according to Bitcoin.com News, the online gaming marketing company Sharplink Gaming Inc. has filed documents with the U.S. Securities and Exchange Commission (SEC), planning to raise up to $5 billion in common stock, with 'the vast majority' of the funds raised intended for the purchase of Ether (ETH) as its corporate treasury asset. This issuance will expand its potential total stock issuance under the agreement with A.G.P./Alliance Global Partners to $6 billion.
Sharplink announced as early as May that it would use ETH as its primary financial reserve asset, citing reasons including diversification of reserve structure, improved capital efficiency, and alignment with new financial technology trends. The company is currently listed on Nasdaq, with the stock code 'SBET'. [Original link]
