Sharplink signs securities purchase agreement to raise $75 million to expand ETH reserves and repurchase company shares.

Mars Finance News: Nasdaq-listed Ethereum treasury company Sharplink announced that it has signed a securities purchase agreement to sell 10.01M common shares and warrants for 10.01M common shares, raising a total of approximately $75 million. The funds will be used for working capital, continuing to accumulate ETH assets, and repurchasing company shares under a stock buyback program. Sharplink also disclosed that as of June 16, the company held a total of 875,776 ETH.
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