Ethereum Treasury Firm SharpLink Unveils $1.5B Stock Buyback
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SharpLink Gaming just made a bold Ethereum move. The Minneapolis-based firm, one of the biggest corporate holders of Ethereum (ETH), has announced a $1.5 billion stock buyback program aimed at boosting shareholder value and tightening capital control. The company’s board signed off on the plan earlier today, according to a press release. The idea: give SharpLink flexibility to snap up shares when the market makes it worthwhile. Here’s why this matters. If SharpLink stock trades at or below the net asset value (NAV) of its Ethereum holdings, issuing new shares dilutes ETH exposure per share. A buyback flips that script, fewer shares, same ETH pile, higher value for every holder. “We want the ability to act fast when opportunities come up,” said Co-CEO Joseph Chalom. He stressed that the plan signals SharpLink’s commitment to growth, stability, and smart capital use. The program comes with options. SharpLink can buy shares on the open market, negotiate private deals, or use other legal methods. No fixed amount. No rigid timeline. The company says the final scale depends on market trends, stock price, and trading activity, and it can pause or halt the program anytime. The Big ETH Energy This announcement lands as Ethereum shows fresh strength in the market. On August 21 (ET), Ethereum spot ETFs posted a $288M net inflow after four straight days of outflows. Bitcoin spot ETFs? Another story, they saw $194M in net outflows, the fifth losing day in a row. On August 21 (ET), Ethereum spot ETFs recorded a net inflow of $288 million, turning positive after four consecutive days of outflows. Bitcoin spot ETFs saw a net outflow of $194 million, marking the fifth straight day of outflows.https://t.co/Tvs2oCSxTg pic.twitter.com/OKEidHJtAj — Wu Blockchain (@WuBlockchain) August 22, 2025 ETH’s price currently trades around $4804 with a market cap of…
Filed under: News - @ August 22, 2025 10:28 pm