SharpLink completes $200 million private placement to expand Ethereum treasury

According to HashChain news, SharpLink announced the completion of a $200 million private placement, with an issuance price of $19.50 per share, led by four global institutional investors. This financing is intended to expand its Ethereum (ETH) treasury, which is expected to exceed $2 billion once fully deployed. SharpLink stated that the company's core strategy is to accumulate ETH, stake ETH, and increase the per-share ETH holdings, with the goal of building Ethereum as a global financial infrastructure and capturing its growth dividends.