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SharpLink Bets Big: $48M Ethereum Purchase Sparks Stock Surge in Overnight Trading

SharpLink Bets Big: $48M Ethereum Purchase Sparks Stock Surge in Overnight Trading

Author:
decryptCO
Published:
2025-07-14 04:40:08
8
3

SharpLink Buys $48M in Ethereum, Lifts Stock Higher in Overnight Trade

SharpLink just made a power play—dropping $48 million on Ethereum like it's pocket change. The market responded instantly, sending their stock soaring in after-hours trading.

Wall Street's latest crypto convert

Another traditional firm jumps on the digital asset bandwagon—this time with a mid-8-figure commitment. The move reeks of either brilliant foresight or desperate FOMO, depending on which analyst you ask.

Overnight gains tell the story

While the suits were sleeping, traders pushed SharpLink's shares up hard. Because nothing says 'modern portfolio strategy' like chasing crypto pumps after dark.

One thing's clear: in today's market, you either stack ETH or get left behind. Even the boomers are figuring that out—just $48 million late to the party.

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