SharpLink Bets Big on ETH: $6B Stock Sale Fuels Aggressive Treasury Strategy
SharpLink just made a power move—liquidating $6B in stock to double down on Ethereum reserves. Because when traditional markets wobble, why not pivot to crypto's blue-chip asset?
Wall Street meets DeFi
The corporate treasury playbook is getting a blockchain rewrite. Forget bonds and money markets—SharpLink's dumping shares to load up on ETH, betting the house on decentralized finance's backbone asset. It's either genius or desperation, depending which analyst you ask.
Numbers don't lie
That $6B figure isn't pocket change—it's a full-throated endorsement of Ethereum's store-of-value thesis. The move echoes MicroStrategy's Bitcoin gambit, but with ETH's smart contract upside. TradFi purists are clutching their pearls.
Closing thought: Nothing says 'confidence in the financial system' like converting 60% of your market cap into internet money. The CFO either deserves a raise or an intervention.