SharpLink became one of the first public companies to choose an Ethereum accumulation strategy similar to Michael Saylor’s Strategy model for bitcoin.
SharpLink Gaming recently announced the raising of $200 million in a direct share offering at a price of $19.50. The deal was led by four unnamed institutional investors.
The funds raised will be used to purchase ETH in the reserve, which, after full placement, should exceed $ 2 billion.
The company’s total reserves have reached 521,939 ETH, with all assets participating in staking.
