Sharplink Raises $75 Million via Securities Sale, Adds to ETH Reserves

ETH-0.90%
According to ChainCatcher, Sharplink, a Nasdaq-listed Ethereum treasury company, signed a securities purchase agreement on June 25 to raise $75 million by issuing 10.0134 million common shares and equivalent warrants. Proceeds will be used for operating capital, continued ETH accumulation, and share repurchases under the company's buyback program. As of June 16, Sharplink held 875,776 ETH.
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