SharpLink Bets Big on Ethereum: $6B Stock Sale to Fuel Crypto Dominance
SharpLink just doubled down on Ethereum—and Wall Street's scrambling to keep up.
The tech firm announced plans to offload $6 billion in stock, with proceeds earmarked for expanding its ETH holdings. Talk about a bullish signal for crypto's blue-chip asset.
Wall Street analysts (busy calculating their own missed opportunities) insist this could trigger a fresh institutional FOMO wave. Meanwhile, Ethereum maxis are already popping champagne—or at least swapping JPEGs of champagne bottles.
One hedge fund manager sniffed: 'They could've just bought the dip like everyone else.' Too bad 'everyone else' didn't have a $6B war chest.