SharpLink raises almost $1 billion in a week.
The company has raised almost $900 million over the past week, which SharpLink co-CEO Joseph Chalom said “underscores the market’s confidence in SharpLink’s ETH treasury strategy.”
He added: “The speed and scale of these investments reflect not only investor trust in SharpLink, but also the growing recognition of Ethereum’s transformative potential.”
On Thursday, SharpLink said it made a $200 million share purchase deal with four unidentified institutional investors. Days earlier, on Aug. 5, it said it raised $264.5 million in net proceeds through an at-the-market offering.
SharpLink said in its latest announcement that it has about $200 million in at-the-market proceeds that it’s yet to use.
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