SharpLink’s Ethereum Holdings Surge Past $3 Billion Following $400 Million Funding

SharpLink has secured a major funding boost, raising $400 million through a registered direct offering agreement with five leading global institutions. This move significantly bolsters the company’s financial standing and positions its Ethereum holdings for future expansion. 598,800 ETH currently form part of SharpLink’s treasury, expected to surpass $3 billion as a result of this latest funding round. 200 million in ATM facility remains unused, adding further strength to the company’s current resources. This strategic move ensures that SharpLink has the financial flexibility to pursue new opportunities within the blockchain sector.