Sharplink Games (SBET)Nasdaq-listed Ether Treasury company says it has raised $200 million to buy more Ether (ETH) Expect to increase its stake to the second largest cryptocurrency worth more than $2 billion.
Minneapolis-based company Signed securities purchase agreements with four institutional investors It said in a statement that it would raise funds at $19.50 per share.
Company’s Ether Holder is located at 521,939 ETH As of the latest purchase, the price of Ether is $383.065 at the time of writing, and is worth less than $2 billion.
Sharplink stock rises About 3.3%, $22.97 On Thursday morning, then 4.5% Rally of ETH Recover the $3,800 level in 24 hours.
The company is one of the growing numbers adopting Ethereum’s financial policy strategy, raising funds to accumulate ETH and raising tokens in exchange for rewards.
