PANews reported on August 11th that SharpLink officially completed a $400 million private placement at $21.76 per share, led by five global institutional investors. As of August 11, 2025 (BeijingPANews reported on August 11th that SharpLink officially completed a $400 million private placement at $21.76 per share, led by five global institutional investors. As of August 11, 2025 (Beijing
SharpLink Completes $400 Million Private Placement and Holds Nearly 600,000 ETH
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PANews reported on August 11th that SharpLink officially completed a $400 million private placement at $21.76 per share, led by five global institutional investors. As of August 11, 2025 (Beijing time), the company holds approximately 598,800 Ethereum (ETH) and has approximately $200 million in ATM proceeds remaining undistributed. Once fully invested as planned, the market value of its ETH holdings is expected to exceed $3 billion.
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