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The post SharpLink Bets Big on Ethereum with $425M Investment Deal appeared first on Coinpedia Fintech News
SharpLink, a U.S.-listed company, has announced a $425 million PIPE (Private Investment in Public Equity) deal, with Consensys leading the investment. The agreement includes issuing around 69.1 million shares at $6.15 each, and the deal is expected to close by May 29. The company plans to use the funds to purchase Ethereum (ETH ($3,859.05)), making it its primary treasury reserve asset. This bold move highlights growing corporate interest in crypto as a long-term store of value and treasury diversification strategy.


















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