PANews August 7 news, SharpLink (SBET) announced the completion of a targeted issuance of 200 million US dollars, with an issue price of 19.50 US dollars per share, led by four global institutional investors. This round of financing will be used to expand its Ethereum (ETH) treasury, which is expected to exceed 2 billion US dollars after full deployment. 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 establishing Ethereum as a global financial base layer and capturing its growth dividends.
