SharpLink Gaming Shares Dip After $400M Deal to Boost Ether Holdings

SharpLink To Raise $400M, Aiming For $3B Ethereum Treasury And 1% Of ETH Supply

SharpLink Gaming SBET has unveiled plans to raise an additional $400 million to bolster its Ethereum ETH/USD holdings, targeting a total treasury exceeding $3 billion in the near term. What Happened: The online gambling marketing company said it will sell shares at $21.76 each to five institutional investors, with the transaction expected to close on Tuesday, Aug. 12, pending final approvals. Co-CEO Joseph Chalom highlighted the pace of recent c…

SharpLink Expands Ethereum Dominance Following $400M Partnership With Five Institutional Investors

SharpLink Gaming is solidifying its position as one of the world’s largest corporate holders of Ethereum, announcing a landmark of $400 million registered direct offering secured through partnerships with five major institutional investors. This move underscores the growing confidence institutional players have in ETH’s long-term potential and its aggressive accumulation strategy. Institutional Backing Pushes SharpLink... The post SharpLink Expa…

SharpLink’s Ethereum Treasury Poised To Surpass $3 Billion After $400M Offering - FinanceFeeds

SharpLink Gaming Ltd. (Nasdaq: SBET) is on track to expand its Ethereum (ETH) treasury beyond $3 billion following the completion of a $400 million registered direct offering to five institutional investors. The transaction, priced at $21.76 per share, is expected to close on or around August 12, 2025, and represents one of the company’s most significant capital raises to date. This latest round of funding builds on a $200 million at-the-market …

SharpLink Gaming shares dip after $400M deal to boost Ether holdings - WorldNL Magazine

SharpLink Gaming, a sports betting marketing firm turned Ether treasury company, closed the trading day at a loss on Monday after announcing a $400 million deal to help it buy more crypto.SharpLink said on Monday it entered into a share purchase agreement with “five global institutional investors” that would help boost its Ether (ETH) holdings, which it added is “expected to exceed $3 billion in value.”The deal sees its shares sold for $21.76 ea…

SharpLink Gaming shares dip after $400M deal to boost Ether holdings – MAXBIT

SharpLink Gaming shares closed trading on Monday down over 6.5% after striking a $400 million share purchase deal to buy more Ether. SharpLink Gaming, a sports betting marketing firm turned Ether treasury company, closed the trading day at a loss on Monday after announcing a $400 million deal to help it buy more crypto. SharpLink...

SharpLink Gaming shares dip after $400M deal to boost Ether holdings

SharpLink Gaming’s stock had a rollercoaster trading day on Monday after it announced a $400 million share purchase deal, marking nearly $1 billion raised in a week.