"ETH version of micro-strategy" SharpLink Gaming rose more than 650% today and more than 17 times in three days
According to online reports, market data showed that SharpLink Gaming, a U.S. listed company named "ETH Microstrategy", rose more than 650% today and is now quoted at US$49. Its share price was only US$2.79 three trading days ago, and it rose more than 17.56 times in the third day. Previously reported, SharpLink Gaming announced today its Ethereum treasury reserve strategy, which plans to raise US$425 million to increase its holdings of ETH. Consensys Software Inc. As a major investor leading the investment, participants include ParaFi Capital, Electric Capital, Pantera Capital, Galaxy Digital and other well-known crypto venture capital institutions. The transaction is expected to be completed on May 29. SharpLink plans to use the funds raised to purchase Ethereum as the company's main treasury reserve asset.
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