SharpLink Raises $76.5M at a Premium – What’s the Endgame for Its ETH Treasury?

SharpLink has completed a $76.5M registered direct at $17 per share, a 12% premium to its Oct. 15 close, with an institutional investor, and has issued a 90-day PPC at $17.50 that may bring total proceeds above $155M if exercised. The company has maintained an ETH-per-share focus.

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