Latest news with #EtherTreasury
Bloomberg
6 days ago
- Business
- Bloomberg
Lubin Considers Adding Leverage to Ethereum Treasury Firm Sharplink
Ethereum co-founder Joe Lubin said that he might introduce leverage to Sharplink Gaming Inc., the sports betting and gaming technology firm that recently turned into an Ether treasury company, which Lubin serves as chairman. 'Sharplink isn't leveraged,' Lubin, also the founder and chief executive officer of Ethereum software infrastructure provider Consensys, said in an interview on Bloomberg Television on Thursday. 'We may do some things that bring a bit of leverage into the situation, convertible equity potentially. We will do bond issuance at low rates with long duration. We will not put the strategy at risk.'
Bloomberg
13-06-2025
- Business
- Bloomberg
Ethereum Treasury Firm SharpLink Plunges 69% on Routine Filing
Shares of SharpLink Gaming Inc. plunged 69% on Friday following the registration of shares for a group of investors, a move the company's chairman defended as standard procedure. The firm, which is becoming an Ether treasury company, announced a $425 million private investment in public equity last month that would see investors led by Consensys Software Inc. buying 69.1 million shares of SharpLink or their equivalent, according to a statement at the time.
