We’ve raised $76.5M by issuing equity at $17 per share (12% premium to market), with the potential for ~$79M more though a novel 90-day premium purchase contract at $17.50 per share (19% premium) – the first of its kind in the DAT ecosystem.
- SharpLink sold equity at both a market and mNAV premium
- This capital raise is accretive to shareholders
- Gives us immediate $76.5M to deploy into increasing ETH per share
- Continues
$SBET momentum and ETH accumulation
We are building the most trusted, long-term focused, ETH per share obsessed treasury.
We will continue to work night and day to identify opportunities to create value for our shareholders.
The asset is
$ETH, the ticker is
$SBET.