SharpLink

SharpLink Gaming Inc., based in Minneapolis, has signed agreements with five major global investors to raise $400 million by selling shares directly at $21.76 each. A.G.P./Alliance Global Partners is handling the placement, and Cantor is advising on the deal. The transaction is expected to close around August 12, depending on standard conditions.
The company plans to use the money to grow its Ethereum holdings. SharpLink already owns about 598,800 ETH and has another $200 million ready to invest. With the new funds, it expects its total Ethereum position to be worth over $3 billion.
In the past week alone, SharpLink has raised nearly $900 million. Blockchain data shows the company recently added 5,226 ETH, worth about $23 million, bringing its total to just over 604,000 tokens. A separate SEC filing reveals that SharpLink may issue up to 18.4 million more shares, which could reduce the value of current shareholders’ stakes.
This move comes as more investors show interest in public companies that hold large amounts of crypto. Pantera Capital, a major venture firm, announced this week that it’s investing over $300 million in such businesses, reflecting growing demand for stock-based exposure to cryptocurrencies like Ethereum.
#Cantor #Ethereum
#SharpLink
#blockchain

SharpLink Gaming is making a bold move — raising $3400 to build one of the largest corporate Ethereum treasuries in the world.

The Plan:

Buy & stake ETH for sustainable on-chain yields

Grow ETH-per-share for long-term holders

Position ETH as the backbone of its capital strategy

After deployment, SharpLink’s ETH reserves could hit $2B+, putting it in elite company among ETH-heavy treasuries.

Why It Matters:

Ethereum transactions surged to 1.87M on Aug 6, near record highs 📈

Staking exit queues are shrinking, signaling stronger network activity

UK lifts ban on crypto ETNs, opening more doors for retail ETH access

Vitalik Buterin has stressed the growing importance of ETH treasuries — and SharpLink is clearly listening.

⚡ Is this the start of a corporate ETH accumulation wave?

#Ethereum #ETH #Staking #SharpLink #CryptoNews

Hey everyone, big news in the crypto world! SharpLink Gaming just raised $200 million through a direct share sale to four major institutional investors, priced at $19.50 per share. Their plan? To massively expand their Ethereum (ETH) treasury, aiming to push it past $2 billion. This isn’t just a one-off stunt—it’s a strategic bet on Ethereum as a core asset, and it’s got me excited about what this could mean for the future of corporate treasuries. Let’s break it down.
SharpLink’s already holding a hefty 521,939 ETH, making it one of the largest publicly listed Ethereum holders. But they’re not just sitting on it—they’re staking their ETH to earn yield, turning it into a productive asset rather than a speculative bet. With Ethereum’s network buzzing with rising transaction volumes and DeFi activity, SharpLink’s timing feels spot-on. This move shows they see ETH not just as digital currency but as a long-term reserve, like digital gold with a yield kicker.
What’s cool is how they pulled this off. Instead of a traditional public offering, SharpLink went straight to institutions with a direct sale, bypassing banks for a leaner, faster raise. It’s a smart, modern approach that screams confidence in their vision. And they’re not alone—other companies are starting to treat ETH like treasury collateral, with staking adding a layer of returns you don’t get from cash or bonds. Even Vitalik Buterin, Ethereum’s co-founder, has nodded to this trend, saying ETH as a treasury asset “gives people more options,” though he’s cautious about overhyping it.
The market’s taking notice too. SharpLink’s stock got a nice bump after the announcement, hinting that investors are warming up to ETH-heavy balance sheets. But the real question is what’s next. Can SharpLink’s staking strategy deliver solid returns? Will other companies follow their lead and make Ethereum a standard treasury asset? This feels like the start of something big—a shift where public companies see crypto not just for speculation but for utility and long-term value.
What do you think? Is SharpLink paving the way for a new era of corporate crypto adoption? Or is this a risky bet that could backfire? Drop your thoughts, and let’s talk about where Ethereum and corporate treasuries are headed!
#SharpLink #ETH🔥🔥🔥🔥🔥🔥 #NewsAboutCrypto #Follow4more #bold