According to online reports, Joseph Lubin, Chairman of SharpLink's Board of Directors and CEO and founder of Consensus Sys, said in an interview that so far, SharpLink has been selling its shares at ATM (At-The-Market), which has led to the dilution of the interests of SBET investors. This sparked panic and concern, causing the stock price to fall from $37 to below $20 in less than two weeks. SharpLink's issuance of convertible notes means they will be able to raise money without immediately diluting equity (convertible bonds have debt risks and could generate future dilutions after conversion), but in the short term, this may stabilize SBET (fewer shares entering the market).