๐ Sharplink Gaming Crashes 73% โ But a $1B Ethereum Bet Looms
๐ฎ SBET closed at $32.53 (-12.25%)
โฑ๏ธ After-hours: -73% โ now under $8
๐งพ The crash followed a Form S-3 filing to register 58.7M shares for potential resale.
๐ฃ๏ธ Joseph Lubin (Chairman of Sharplink + CEO of ConsenSys):
โThis is a standard post-PIPE move, not an actual sale. People are overreacting.โ
๐ฅ But hereโs the twist:
Sharplink is planning a $1B ETH purchase as part of a new Ethereum treasury strategy.
โก๏ธ A crypto exec hinted:
โIf Sharplink announces this Ether buy tomorrow, it could light the match to reignite the stock.โ
๐ฌ Traders & crypto degens whatโs your move?
๐ Sound off in the comments.
#ETH #firacil #CryptoNewss #BTC

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