SharpLink (SBET) has made significant moves!
On August 11, the company announced agreements with 5 top global institutions to raise $400 million in direct financing.
Currently, they hold approximately 598,800 ETH, and with an additional unused $200 million in funds, the total estimated value of ETH at current prices is expected to exceed $3 billion.
The CEO stated that nearly $900 million in financing over the past week demonstrates the market's confidence in their Ethereum strategy.