SharpLink Gaming (SBET) is making waves again in crypto markets, announcing plans to expand its Ethereum treasury beyond $2 billion through a new $200 million capital raise.
Key Details of the Funding Round
💰 $200 million direct offering at $19.50/share 🏦 4 institutional investors participating 📅 Closing August 8 (subject to conditions) 📈 Stock surged 4% on the news (YTD: +192%)
NEW: SharpLink raises $200M in a direct offering led by four global institutional investors at $19.50/share
This capital will be used to expand our Ethereum treasury, expected to surpass $2B upon full deployment
