Tag: PIPE

SharpLink Buys $463 MILLION Worth of Ethereum, Becomes Largest Publicly-Traded ETH Holder

By Marco Piccolo SharpLink Gaming (SBET) has made headlines by acquiring 176,271 ETH for nearly $463 million, positioning itself as the world’s largest publicly traded holder of Ether. Ethereum becomes SharpLink’s treasury backbone In a statement released Friday, SharpLink revealed it funded the purchase through a mix of private placement and an at-the-market (ATM) equity […]

Tether-Backed Company Buys 4,812 BTC for $458 Million as Corporate Bitcoin Adoption Accelerates

By Marco Piccolo In the latest development in the growing landscape of corporate Bitcoin treasuries, Twenty One Capital, a newly launched Bitcoin investment firm spearheaded by Strike founder Jack Mallers, has acquired 4,812.2 BTC for $458.7 million. Trade Crypto on Kraken Tether facilitates strategic Bitcoin purchase for Jack Mallers’ Bitcoin-first firm The purchase, facilitated by […]