SHARPLINK Game (SBET)The company, the first public company to establish Etherum Treasury, was not easy since the main movement. The company’s stock plunged in a report that investors plan to offset stocks after the creation of ETG Treasury.
Sharplink Gaming’s stock plummet
at X postSteven Lubka, vice president of investor relations in Na Kamoto, attracted the encryption community’s interest in the decrease of 72% of Sharplink Gaming’s shares in a few hours. Based on SBET stock conflict Bitcoin Financial Protection Area This is a better strategy than Etherum Financial Protection Zone.
reported that Sharplink was released. Preliminary Plan for $ 425 million And in the process, it became the first public company to establish ETH reserve army. The company had Personal deployment proposal has been completed To increase this amount of preliminary plan earlier this month. The company also appointed Joseph Lubin, the founder and CEO of consensys, as the chairman of the contract.
Participants who participated in the proposal of personal deployment were rumored to be trying to offer the stock they bought. at X postReporter Steven is basically all participants in SBET’s personal deployment. Ether Lee Financial Strategy Movement.
Revelation of this report may have been panic and contributed to the SBET inventory conflict after a few hours. It is worth mentioning that the Sharplink game plans to further develop the ETH Treasury Protection Zone. The company has I submitted a $ 1 billion shelf product To accumulate more Ether Leeum with the US Securities and Exchange Commission. The company will increase this amount through ordinary weekly sales.
Joseph Lubin solves stock sales rumors.
at X postJoseph Lubin mentioned rumors that his company plans to sell SBET stocks in a personal deployment provided by Ethereum Treasury Company. that Consensys CEO Some people misinterpret the S-3 submission, and the application pointed out the share of pre-investors’ potential resale.
Lubin added that the “stock owned after the proposal” column is virtual, assuming the entire sales of registered stocks. He said this was the procedure after the standard pipe Tradfi It is not a sign of actual sales. As a result, Consensys CEO made it clear that he did not sell stocks by declaring support for Etherrium Financial Company.
Despite the frustration of Eth Treasury Company Marketwatch data SBET stocks show that it rose more than 300% year -on -year (YTD). The stock has increased by more than 1,000% because Sharplink Gaming adopts Etherrium as a spare asset.
At the time of writing, Etherrium prices have been trading at about $ 2,500 over the last 24 hours. data In CoinmarketCap.
Getty images’ main images, TradingView.com charts
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