SharpLink Launches $1.5 Billion Buyback Program Amidst ETH Valuation Gap

SharpLink Gaming has initiated a $1.5 billion share repurchase program, aiming to bridge the gap between its Ethereum treasury and its SBET market capitalization. The company recently completed its first buyback, acquiring 930,000 common shares at an average price of $15.98. This action marks the beginning of a plan authorized in August that reflects the company’s commitment to maximizing shareholder value.