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ETH Treasury Firm SharpLink Announces $1.5B Stock Buyback, SBET Share Jumps 5%

SharpLink Gaming (NASDAQ: SBET), a treasury firm with significant exposure to Ethereum (ETH) and blockchain-integrated solutions, has announced a $1.5 billion stock buyback program—a move that immediately sparked investor enthusiasm and sent SBET shares up by 5% in early trading.

Stock Buyback Boosts Investor Confidence

The repurchase plan signals strong confidence in SharpLink’s long-term growth trajectory, particularly as it continues expanding its presence in digital assets and blockchain-based finance. By reducing the number of outstanding shares, the buyback not only supports SBET’s stock price but also enhances shareholder value.

“SharpLink’s buyback is a direct reflection of our belief in the company’s market positioning and the strength of our Ethereum-backed treasury model,” said a company spokesperson.

Ethereum Treasury Integration

SharpLink has become increasingly known for integrating Ethereum into its corporate treasury, positioning itself at the crossroads of blockchain innovation and traditional finance. The firm’s strategic reliance on ETH provides both diversification and exposure to Web3 growth sectors.

Analysts note that Ethereum’s robust infrastructure for decentralized applications and tokenized finance aligns closely with SharpLink’s future roadmap, making the buyback announcement even more significant for crypto-linked equity investors.

Market Reaction

SBET stock: Rose 5% immediately following the announcement.

Investor sentiment: Improved outlook as the buyback suggests management confidence and strong liquidity.

Crypto connection: Traders highlighted that the move indirectly reinforces ETH’s position as a corporate treasury asset.