SharpLink Unveils $1.5B Ethereum Buyback Plan: Signaling Long-Term Crypto Focus

SharpLink Gaming (ticker SBET) announced a share repurchase program of up to $1.5 billion, signaling its commitment to investing in the company’s core asset—Ethereum. This move follows sharp increases in the company’s Ethereum holdings and has attracted attention from investors and industry experts alike. 👀 The buyback plan is designed to purchase shares when SBET’s stock price drops below the net worth of its ETH holdings, effectively tying shareholder value to the growth of this cryptocurrency.