SharpLink Greenlights Massive $1.5B Stock Buyback Fueled by Ethereum Treasury

SharpLink just dropped a bombshell—approving a staggering $1.5 billion stock buyback, entirely backed by its Ethereum holdings.

Funding the Future with Crypto

No traditional banks, no bond issuances—just pure digital asset power. The company's Ethereum treasury is now directly funding one of the largest buybacks in recent corporate history.

Market Mechanics Shift

This isn't just a financial move—it's a signal. SharpLink bypasses conventional funding routes, leveraging crypto reserves to prop up shareholder value. Reduces float, boosts EPS, and lets Ethereum do the heavy lifting.

Wall Street’s Ironic Twist

While old-guard analysts clutch their pearls, SharpLink’s betting big on crypto’s liquidity—and winning. Because nothing says 'financial innovation' like using decentralized assets to execute a classic capitalist maneuver. Talk about a plot twist.

SharpLink’s board approved a stock repurchase program of up to $1.5 billion in common shares. The firm said buybacks are most value-accretive when its share price falls below the net asset value (NAV) of its ethereum holdings. According to SER data, SharpLink holds 740.8k ETH with a current NAV of 1.06. For context, Bitmine’s NAV stands at 1.17. The plan signals confidence in SharpLink’s balance-sheet-backed value and aims to enhance shareholder returns through disciplined buybacks.