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Ethereum Treasury Strategy Unveiled by Gaming Firm

SharpLink Gaming Plans $475 Million Ethereum Treasury

  • SharpLink Gaming plans to purchase $475 million worth of Ethereum (ETH).

  • The initiative is chaired by Consensys CEO and Ethereum co-founder Joseph Lubin.

  • Funds will be raised by selling over 69 million shares of SharpLink’s common stock.

  • SharpLink’s stock rose from $2.79 to a peak of $50.06, a 945% increase.

  • The current value of SharpLink’s stock is $29.78.

  • Ethereum is trading at $2,635 at the time of writing.

SharpLink Gaming, led by Joseph Lubin, aims to buy $475 million in ETH as a treasury reserve, with funding from selling over 69 million shares. The company’s stock saw a significant rise recently.

Source (2.6)https://dailyhodl.com/2025/05/28/gaming-firm-chaired-by-joseph-lubin-announces-plans-for-ethereum-treasury-strategy-starting-with-475000000-in-capital/?rand=59076
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