The post SharpLink Gaming’s $463M Ethereum Purchase May Contribute to Significant Stock Decline and Market Volatility appeared on BitcoinEthereumNews.com.

SharpLink Gaming’s bold $463 million Ethereum acquisition has triggered a dramatic 91% plunge in its stock price, reflecting intense market volatility and investor apprehension. The surge in trading volume accompanying this sell-off underscores widespread uncertainty about the company’s strategic pivot towards cryptocurrency treasury management. Steven Zheng, Research Analyst at The Block, noted, “Almost all participants in the SBET private placement have sold off their shares within a month of the ETH treasury strategy announcement.” SharpLink Gaming’s $463M Ethereum purchase sparks a 91% stock plunge amid high trading volumes, highlighting investor concerns and market volatility in crypto treasury moves. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); SharpLink Gaming’s Ethereum Treasury Strategy Sparks Unprecedented Stock Sell-Off On June 13, 2025, SharpLink Gaming Ltd. announced a significant purchase of Ethereum valued at $463 million, aiming to establish itself as one of the largest public companies holding ETH in its treasury. However, this strategic move was met with a severe negative reaction from the market, causing SharpLink’s stock (SBET) to plummet by 91% within two weeks. The after-hours trading session revealed a sharp decline in share value, driven largely by fears of shareholder dilution and potential over-leverage. Trading volumes surged to more than ten times the average, signaling panic selling and heightened investor uncertainty. This episode highlights the risks associated with integrating substantial cryptocurrency holdings into traditional corporate balance sheets without clear…

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Filed under: News - @ June 15, 2025 1:06 am