Sharplink Signs Securities Purchase Agreement to Raise $75 Million to Expand ETH Reserves and Repurchase Company Shares

Odaily Odaily, Nasdaq-listed Ethereum treasury company Sharplink announced it has signed a securities purchase agreement to sell 10,013,400 common shares and corresponding warrants for 10,013,400 common shares, raising a total of approximately $75 million. The funds will be used for working capital, continuing to accumulate ETH assets, and repurchasing company shares under the stock buyback program.

Sharplink also disclosed that as of June 16, the company held a total of 875,776 ETH. (B2i)