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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
SharpLink plans to sell $5 billion in stock to increase its holdings in Ethereum.
[SharpLink Plans to Resell $5 Billion in Stock to Increase Holdings in Ethereum] SharpLink Gaming, a company based in Minnesota (NASDAQ: SBET), has submitted an updated prospectus to the U.S. Securities and Exchange Commission (SEC), planning to issue an additional $5 billion in common stock on top of the originally planned $1 billion, to further purchase Ethereum (ETH) for the company's treasury. As of July 16, the company holds over 321,000 ETH (approximately $1.1 billion), making it the largest corporate holder of Ethereum currently. This expansion initiative stems from a $425 million private sale financing led by Consensys in June, with Consensys CEO and Ethereum co-founder Joseph Lubin now serving as chairman of SharpLink's board.