SharpLink’s Massive $360 Million ETH Buying Spree Ignites Market Speculation

SharpLink just dropped $360 million on Ethereum—and the crypto world is buzzing about what's next.

The Whale Move

That kind of capital doesn't move quietly. When a single entity scoops up $360 million in ETH, traders notice. Markets twitch. Questions fly.

Strategy or Signal?

Is this a calculated accumulation ahead of a major product launch? A bet on Ethereum's upcoming upgrades? Or just another big player parking cash in digital blue chips—because frankly, traditional finance hasn't exactly been crushing it lately.

What Everyone's Really Thinking

Let's be real: in crypto, a move this big is rarely just a 'investment'. It's a statement. And right now, the entire market is leaning in, waiting for the next play.

Inducement plan

SharpLink has filed with the US Securities and Exchange Commission (SEC) to register 3 million additional shares tied to its inducement award plan.

The program, first authorized by the board on Aug. 19, allows the company to issue stock to new or rehired employees as part of their compensation package.

According to the filing, the inducement plan applies only to individuals beginning new roles or returning to the firm after a confirmed break in service.

The eligible awards may include restricted shares, stock units, or options, but each must be granted when hiring and serve as a meaningful factor in the decision to join SharpLink.

By linking employment offers to stock incentives, SharpLink aims to compete more effectively for skilled workers while reducing cash-based expenses. The MOVE also reinforces its strategy of aligning employee rewards with long-term shareholder value.

Meanwhile, the plan’s administration will rest with the compensation committee or other independent board members.