๐ Big Move: SharpLink Gaming Expands Stock Sale to $6B to Power Ethereum Treasury ๐ช
โ๏ธ SharpLink Gaming (NASDAQ: SBET) has just increased its equity sale to $6 billionโaiming to buy more ETH for its treasury, up from an initial $1 billion plan
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โ๏ธ Following this move, SharpLink now holds over 321,000 ETH (~$1.1 billion worth) after a $425 million private placement led by ConsenSys
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๐ Why It Matters:
This isnโt just hype โ it's Wall Street betting big on ETH, not just Bitcoin.
Ethereum now hosts 54% of all stablecoins and real-world asset tokenizationsโmaking it the backbone of the โon-chain dollar economyโ
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ETH surged 23% this week, outperforming Bitcoin โ driven by ETF flows, institutional treasury accumulation, and Wall Street confidence
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๐ก Market Outlook:
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๐ฆ Institutional Trend DeFi isnโt just for memecoinsโnow ETH treasuries are the trend.
โ๏ธ ETH as Infrastructure A powerful asset powering stablecoins, lending, tokenization, staking.
๐ Price Potential With institutional buy-ins and ETF activity, ETH could hit new highs.
