SharpLink Gaming has secured $200 million in a direct stock offering to expand its Ethereum holdings beyond $2 billion. The funding round, led by A.G.P./Alliance Global Partners, will exclusively fuel further ETH acquisitions. This move solidifies SharpLink’s position as the second-largest corporate ETH holder.
- SharpLink’s $200M stock offering will exclusively fund Ethereum acquisitions, pushing its ETH holdings beyond $2B.
- The company is now the second-largest corporate ETH holder (521,939 ETH), staking all assets to earn $3.4M+ in rewards.
- SharpLink rebrands around ETH as an 'infrastructure reserve,' mirroring tech firms’ long-term crypto treasury strategies.
📎 Related coverage from: cryptoslate.com
