SharpLink Gaming has secured $200 million through a registered direct offering, explicitly aiming to expand its corporate Ethereum (ETH) treasury beyond $2 billion.
This strategic move, priced at $19.50 per share and involving major institutional investors like Societe Generale, signals deep institutional confidence in Ethereum’s long-term value. Joseph Chalom, Co-CEO, emphasized this funding directly supports their ETH accumulation strategy.
Consequently, this massive inflow impacts Ethereum’s market dynamics and liquidity significantly.
