SharpLink Doubles Down on Ethereum Holdings, Announces $1.5 Billion Buyback

SharpLink Gaming has announced a bold move, committing $1.5 billion to buy back its own stock while boosting their holdings of Ethereum (ETH) to over $3.6 billion. The company is taking a strategic approach, nearly all of its ETH reserves are being staked for revenue generation, and they report zero debt on their balance sheet. This bold strategy comes as they continue to reap rewards from staking, generating over 2,318 ETH in rewards since June.