đŻSharplink Gaming Loads Up on $ETH
đ°Sharplink is raising $400M via a share sale at $21.76 each, aiming to push its ETH stash past $3Bâaround 1% of all ETH.
đŞThey already hold ~598,800 $ETH worth $2.5B, and will add $200M from their market program to stack even more.
âď¸Shares hit $28 intraday before closing at $22.34, still up 17% in a week.
âCo-CEO Joseph Chalom says the $1.3B+ raised over two weeks shows faith in $ETH and their strategy.
â ď¸Analysts see public treasuries holding up to 10% of ETH someday, but warn of liquidity and DeFi risk.
#Sharplink #MarketTurbulence #DeFiGetsGraded #ETHTreasuryStrategy $BTC

ETH
1,998.24
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