BTCC / BTCC Square / CoindeskEN /
SharpLink Bets Big: $463M Ether Purchase Fails to Lift Shares Stuck in 66% Rut

SharpLink Bets Big: $463M Ether Purchase Fails to Lift Shares Stuck in 66% Rut

Author:
CoindeskEN
Published:
2025-06-13 16:05:19
8
1

SharpLink Acquires $463M in Ether, Shares Remain 66% Lower

SharpLink just made a half-billion-dollar crypto play—but Wall Street''s still treating its stock like a meme coin.

The firm''s massive Ether acquisition screams confidence in Ethereum''s long game. Yet investors remain skeptical, hammering shares down to bargain-bin levels. Guess traditional finance still hasn''t learned that blockchain moves faster than SEC filings.

One thing''s clear: while SharpLink''s loading up on digital gold, traders are treating its equity like volatile altcoins. Maybe they missed the memo that smart money accumulates during fear cycles.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users