SharpLink: Raised $76.5 million to increase its holdings in ETH

On October 16, SharpLink announced that “by issuing shares at $17 each (a 12% premium over the market price), it successfully raised $76.5 million; additionally, it hopes to raise about $79 million through an innovative 90-day premium purchase contract (at $17.5 per share, a 19% premium over the market price). The $76.5 million raised will be used to increase holdings of ETH, continuing the rise of SBET and the ETH accumulation strategy.”

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