{"id":41024,"date":"2025-08-07T16:31:48","date_gmt":"2025-08-07T16:31:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41024"},"modified":"2025-08-07T16:31:48","modified_gmt":"2025-08-07T16:31:48","slug":"sharplink-raises-200m-in-direct-offering-to-raise-eth-holdings-to-2b","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41024","title":{"rendered":"SharpLink Raises $200M in Direct Offering to Raise ETH Holdings to $2B"},"content":{"rendered":"<div>\n<p>SharpLink Gaming (SBET), a Nasdaq-listed ether treasury firm, said it has raised $200 million to buy more ether (ETH) in expectation of boosting its holdings to more than $2 billion worth of the second-largest cryptocurrency.<\/p>\n<p>The Minneapolis-based company <a href=\"https:\/\/investors.sharplink.com\/sharplink-raises-200m\/\">entered into a securities purchase agreement with four institutional investors<\/a> to raise the capital through a direct offering at a price of $19.50 per share, it said in a statement.<\/p>\n<p>The firm&#8217;s <a href=\"https:\/\/x.com\/SharpLinkGaming\/status\/1952702049616802302\">ether holdings sit at 521,939 ETH<\/a> as of its latest purchases, worth just under $2 billion based on ether&#8217;s price of $3,830.65 at the time of writing. <\/p>\n<p>SharpLink shares rose <a href=\"https:\/\/uk.finance.yahoo.com\/quote\/SBET\/\">around 3.3% at $22.97<\/a> in the late U.S. morning on Thursday, following <a href=\"https:\/\/www.coindesk.com\/price\/ethereum\">ETH&#8217;s 4.5% rally<\/a> over 24 hours to reclaim the $3,800 level.<\/p>\n<p>The company is one of a growing number to adopt an ether treasury strategy, raising funds to accumulate ETH and staking the tokens in exchange for rewards. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SharpLink Gaming (SBET), a Nasdaq-listed ether treasury firm, said it has raised $200 million to buy more ether (ETH) in expectation of boosting its holdings to more than $2 billion worth of the second-largest cryptocurrency. The Minneapolis-based company entered into a securities purchase agreement with four institutional investors to raise the capital through a direct [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41024","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41024"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41024\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}