Oh, darling investors and crypto enthusiasts alike, hold onto your champagne glasses! 
US-based SharpLink Gaming has decided that Ethereum (ETH) is the new shiny toy for its treasure chest. Yep, you heard right—Ethereum is about to become the star of their grand investment spectacle!
To make this ambitious ‘Ethereum First’ dream a reality, SharpLink has casually raised a cool $425 million. Because, you know, why not throw a bit of cash around when you’re planning to dominate the blockchain universe? They sold a string of shares—69,100,313 to be exact—mostly to some serious venture capital heavy hitters: Consensys, ParaFi, Pantera, and Galaxy Digital. Fancy, huh? 
According to the press release (probably written while sipping a latte), SharpLink has signed a security purchase agreement to fund its crypto crusade. Their brilliant plan? Use all that cash to scoop up ETH like it’s the last croissant at a Paris bakery. It’s a true treasury strategy, darling—think of it as hoarding digital gold, but with a lot more zeroes and a splash of Sarcasm.
Will ETH doge to new heights? Well, its price did jump 3%, probably feeling the excitement from all the fancy money being thrown around. Because nothing screams financial genius like betting hundreds of millions on a kind of digital money that’s about as stable as a drunken flamingo. Cheers to that!
Read more at Coingape.com
Read More
- PI PREDICTION. PI cryptocurrency
- Gold Rate Forecast
- WCT PREDICTION. WCT cryptocurrency
- LPT PREDICTION. LPT cryptocurrency
- Guide: 18 PS5, PS4 Games You Should Buy in PS Store’s Extended Play Sale
- SOL PREDICTION. SOL cryptocurrency
- Playmates’ Power Rangers Toyline Teaser Reveals First Lineup of Figures
- Shrek Fans Have Mixed Feelings About New Shrek 5 Character Designs (And There’s A Good Reason)
- FANTASY LIFE i: The Girl Who Steals Time digital pre-orders now available for PS5, PS4, Xbox Series, and PC
- Despite Bitcoin’s $64K surprise, some major concerns persist
2025-05-27 17:06