Key Notes
The latest move from SharpLink aims at supporting the market and reinforcing long-term shareholder value.
Following the buyback announcement, SBET shares jumped 5% in pre-market trading, recovering from a 30% correction.
The buyback complements SharpLink’s recent $668 million Ethereum purchases, reflecting the firm’s disciplined capital strategy.
Nasdaq-listed SharpLink Gaming (NASDAQ: SBET), an Ethereum ETH $4 632 24h volatility: 9.2% Market cap: $560.11 B Vol. 24h: $43.65 B Treasury firm, has authorized a massive $1.5 billion stock buyback program, sending the SBET share price soaring by 5% in Friday’s pre-market trading session.
The recent development boosts confidence in the company’s future plans.
SharpLink’s $1.5 Billion Stock Buyback Pla