Sharplink increases its ETH holdings by 10,000 coins, bringing the total holdings to 886,725 coins, and buys back over 2.13 million shares.
BlockBeats News, June 30, Nasdaq-listed company Sharplink (stock code: SBET) announced that it has purchased 10,000 Ether at an average price of approximately $1611, increasing its total holdings to 886,725 Ether, consisting of 632,719 native ETH, 181,299 ETH redeemable by LsETH, and 72,707 ETH redeemable by weETH.
At the same time, the company conducted a share buyback of 2,132,773 shares of common stock at an average price of $4.69 in the open market, bringing the total repurchased shares to 4,071,223 since the initiation of the buyback program in August 2025. This week, the company also raised $75 million through a direct issuance of common stock and warrants.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum liquid staking governance tokens fall ahead of Shapella upgrade
Two-thirds of Americans don’t trust crypto: Pew Research
Could Bitcoin Ever Break the 21 Million Cap? Adam Back Says It’s a Trap
Update for XRP Holders: $3 Trillion Citibank Drops Major Statement On CLARITY Act
