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Event ends: August 9, 16:00 UTC
More details: https://www
CoinVoice has recently learned that, according to CoinDesk, SharpLink Gaming ( SBET ) announced the purchase of 7,689 ETH for $19.2 million, bringing its total ETH Holdings to 205,634 (approximately $533 million). As a result of this latest news, the company's stock price rose by as much as 26% to $15.93.
SharpLink stated that of the 64 million dollars raised last week through stock issuance, 37.2 million dollars will be used to continue increasing Holdings in ETH. The company also launched a new metric called "ETH Concentration," which shows that every 1,000 circulating shares corresponds to 2.37 ETH.