SharpLink Bets Big on Ethereum with $425M Investment Deal
The post SharpLink Bets Big on Ethereum with $425M Investment Deal appeared first on Coinpedia Fintech News
SharpLink, a U.S.-listed company, has announced a $425 million PIPE (Private Investment in Public Equity) deal, with Consensys leading the investment. The agreement includes issuing around 69.1 million shares at $6.15 each, and the deal is expected to close by May 29. The company plans to use the funds to purchase Ethereum (ETH), making it its primary treasury reserve asset. This bold move highlights growing corporate interest in crypto as a long-term store of value and treasury diversification strategy.
Elon Musk Steps Down from DOGE After 130 Days: What’s Next for the Efficiency Agenda?
The post Elon Musk Steps Down from DOGE After 130 Days: What’s Next for the Efficiency Agenda? appea...
ETH Price Prediction: What Role Will Pepeto Play In The Coming Breakout?
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Crypto Spot ETFs in U.S. on Hold, Yet Polymarket Predicts Over 70% Approval Chance for XRP and Other Altcoins in 2025
The post Crypto Spot ETFs in U.S. on Hold, Yet Polymarket Predicts Over 70% Approval Chance for XRP ...