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Super League Enterprise Stock Surges 160% on Strategic Crypto-Linked Investment
Super League Enterprise Stock Surges 160% on Strategic Crypto-Linked Investment
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BTCCSquare news:
Super League Enterprise (SLE) shares skyrocketed 161% in pre-market trading after securing a $10 million anchor investment from Evo Fund, a digital asset treasury sponsor. The esports firm aims to raise $12-$20 million total through the private placement, with proceeds earmarked for debt elimination and Nasdaq compliance.
'This positions us to create long-term shareholder value as we enter the crypto economy,' said CEO Matt Edelman. The rally comes despite SLE stock remaining down 86% year-to-date, signaling speculative interest in the company's pivot toward blockchain gaming infrastructure.
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