SharpLink completes a $400 million private placement and holds nearly 600,000 ETH.
According to news from Hash World Chain, SharpLink announced that the company completed a $400 million private placement at a price of $21.76 per share, led by five global institutional investors. As of Beijing time on August 11, 2025, the company holds approximately 598,800 ETH and has about $200 million in ATM fundraising yet to be deployed. Once fully invested as planned, the market value of the ETH holdings is expected to exceed $3 billion.
$ETH #Cryptocurrency # Blockchain #ETH # Investment #SharpLink
View OriginalAccording to news from Hash World Chain, SharpLink announced that the company completed a $400 million private placement at a price of $21.76 per share, led by five global institutional investors. As of Beijing time on August 11, 2025, the company holds approximately 598,800 ETH and has about $200 million in ATM fundraising yet to be deployed. Once fully invested as planned, the market value of the ETH holdings is expected to exceed $3 billion.
$ETH #Cryptocurrency # Blockchain #ETH # Investment #SharpLink