RECOMMEND: BUY NOW ON SPOT
Sharplink Gaming is raising $200 million by selling stock to institutional investors to expand its Ethereum holdings, aiming to own 1% of all ETH. With current holdings of 521,939 ETH (~$1.9B), this move follows a broader trend of public companies adopting crypto as treasury assets. The fundraising could tighten ETH supply and support prices if successful; failure may trigger volatility.
Entry Strategy
Watch short-term pullbacks near key supports ($3,600–$3,650).
Use RSI and moving averages for signal confirmation.
Ladder entry positions at support levels for cost-averaging.
RSI around 59 suggests bullish bias with room for dips.