The post Sharplink Gaming Plans $1B Ethereum Purchase via Shelf Offering appeared on BitcoinEthereumNews.com.

Sharplink files $1B SEC shelf offering to buy more Ethereum. Strategy aligns with the firm’s blockchain gaming vision and past ETH buys. ETH drops below $2,530 but holds strong market sentiment despite the dip. Sharplink Gaming, a leading tech and iGaming company, has officially filed a $1 billion shelf registration with the U.S. Securities and Exchange Commission (SEC) to purchase Ethereum (ETH). This move follows its earlier $425 million Ethereum acquisition and signals a full commitment to blockchain integration in its treasury and product strategies. The registration, made public on May 30, 2025, grants Sharplink the flexibility to issue various securities including common stock, preferred stock, and other instruments on an as-needed basis. Under a strategic agreement with Alliance Global Partners (AGP), Sharplink can now execute “at-the-market” offerings worth up to $1 billion to fund further Ethereum purchases. A Bold Shift in Treasury Strategy Whereas traditional tech companies hold any form of fiat currency as reserves, the Ethereum initiative of Sharplink Gaming appears as a slightly more brazen attempt to promote digital asset reserves. Given the widespread usage of Ethereum across DeFi and gaming, the company is convinced ETH would instead better serve its long-term needs than does traditional cash. From the spokesperson’s view: “Ethereum aligns closely with our vision of a decentralized iGaming future. This strategic investment is not speculative, it’s foundational.” While tech giants, including Meta, just rejected the idea of adding Bitcoin to their treasuries, Sharplink is taking the riskier road of Ethereum: and with that, the firm places itself alongside a growing group of crypto-forward firms embracing blockchain solutions. CryptoCasino.com and Sharplink’s Web3 Vision Earlier this year, Sharplink invested in CryptoCasino.com, a decentralized gaming platform launched by Armchair Enterprises. The site allows gambling with cryptocurrencies like Bitcoin and Ethereum and is compatible with MetaMask wallets to…

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Filed under: News - @ May 31, 2025 1:28 pm