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SharpLink Gaming Buys $425M in ETH via PIPE Deal

SharpLink Gaming Buys $425M in ETH via PIPE Deal

CoinomediaCoinomedia2025/05/27 15:16
By:Aurelien SageAurelien Sage

SharpLink Gaming acquires $425M worth of Ethereum through PIPE deal, signaling major crypto treasury move.💼 Institutional Interest in Crypto Deepens🔍 What This Means for Crypto Markets

  • SharpLink Gaming invests $425M into Ethereum via PIPE deal.
  • 69.1 million shares sold at $6.15 each to fund ETH purchase.
  • Bold move highlights growing institutional crypto adoption.

SharpLink Gaming has taken a bold leap into crypto. The company recently announced that it raised a massive $425 million through a private investment in public equity (PIPE) offering. The funds, according to the company, are being used to purchase Ethereum ($ ETH ) for its corporate treasury—marking one of the largest ETH-focused treasury moves by a publicly traded company.

PIPE deals typically involve selling shares directly to private investors at a fixed price. In this case, SharpLink issued around 69.1 million shares at $6.15 each. This approach allowed them to raise capital swiftly without going through traditional public market channels.

💼 Institutional Interest in Crypto Deepens

This move signals a growing trend among institutions integrating digital assets into their balance sheets. While companies like MicroStrategy have famously bet heavily on Bitcoin , SharpLink is setting itself apart by focusing on Ethereum.

Ethereum, often referred to as the backbone of decentralized applications and smart contracts, has gained significant traction among developers and investors alike. SharpLink’s massive ETH acquisition indicates strong confidence in the long-term value and utility of the asset.

The move could inspire other publicly traded firms to explore similar strategies, especially as blockchain technology continues to reshape gaming, finance, and digital ownership.

⚡ LATEST: SharpLink Gaming raises $425M to buy $ETH for treasury through a PIPE offering, selling approximately 69.1 million shares at $6.15 per share. pic.twitter.com/O5di8O6R2U

— Cointelegraph (@Cointelegraph) May 27, 2025

🔍 What This Means for Crypto Markets

SharpLink Gaming’s Ethereum treasury move could have ripple effects across the crypto industry. It not only adds legitimacy to ETH as a treasury asset but also strengthens its positioning in the face of regulatory scrutiny and market volatility.

As more institutions take similar steps, Ethereum’s demand may continue to rise, potentially influencing both its market price and its perception as a serious store of value—not just a tech asset.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
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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.

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