Foresight News reports that SharpLink Gaming, a company in the ETH treasury sector, has announced that its board of directors has approved a stock buyback plan of up to $1.5 billion for the company's common stock. SharpLink's co-CEO Joseph Chalom stated: 'At SharpLink, we are always committed to a rigorous capital markets strategy. If our stock trading price reaches or falls below the net asset value (NAV) of the ETH we hold, then issuing new shares through financing would dilute the equity of each share of ETH. In this case, the value enhancement option may be to repurchase our common stock. This plan allows us to respond flexibly to these situations, enabling us to take swift and decisive action.'

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