- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
SharpLink Gaming intends to conduct a secondary offering of up to $5 billion in common stock to purchase ETH
BlockBeats News, July 18th, according to a prospectus supplement filed with the U.S. Securities and Exchange Commission (SEC) by SharpLink Gaming, it may from time to time issue and sell shares of common stock, with the total aggregate offering amount of up to $5 billion (excluding sales agent commissions and related expenses). The specific amount of proceeds from this offering will depend on the actual number of shares of common stock sold and the market price at the time of sale. SharpLink Gaming cannot guarantee that it will be able to sell any shares under the sales agreement or utilize the full amount allowed under the agreement.
SharpLink Gaming plans to use most of the proceeds from this offering to purchase Ethereum (ETH). Additionally, SharpLink Gaming intends to use the proceeds for working capital needs, general corporate purposes, operating expenses, and to further its core alliance marketing efforts.
You may also like
AI News Today: Can AI Make Blockchain Systems More Reliable in Live Crypto Markets?
Learn how AI is used in blockchain systems to detect risks, improve reliability, and support secure crypto trading in live crypto market environments.
Analyzing the Impact of Cryptocurrency Regulations
Key Takeaways: Cryptocurrency regulations continue to evolve, impacting both global markets and individual investors. Rules and guidelines vary…
ETHGas Airdrop Eligibility Scrubbing, WLFI Proposal Sparks Controversy, What's Today's Overseas Crypto Community Buzzing About?
Tokenomics' Year of Reckoning
NYSE Introduces Blockchain-Based Platform for Tokenized Stocks and ETFs
Key Takeaways The New York Stock Exchange is spearheading the development of a blockchain trading platform aimed at…
Paradex Rollback Roasted, HIP-3 Competition Heats Up, What’s New in the Mainstream Ecosystem?
Key Takeaways The NYSE’s move towards an on-chain securities trading platform signals a transformative intersection of blockchain and…
Wintermute: The Four-Year Cycle is Dead, Crypto Breakthrough 2026, Where to Next?
Key Takeaways The traditional four-year crypto cycle, once deemed a fundamental market principle, is becoming obsolete as market…
Why Can Coinbase Halt a CLARITY Act Vote with Just One Sentence?
Key Takeaways Coinbase CEO Brian Armstrong’s opposition to the Clarity Act halted a critical Senate vote, showcasing the…
Tether Freezes $182 Million in Assets in One Day, Is USDT Still a Neutral Coin?
Key Takeaways: Tether recently froze around $182 million USDT on the Tron blockchain, aligning with U.S. government sanctions.…
ETHGas Foundation Coin Issuance, Believe Emotional Transaction Mechanism “Train Wreck”, What Key Points are Overseas Watching?
Key Takeaways Zama is preparing for a token sale using a Dutch auction on CoinList, drawing polarized reactions…
Trump Targets Fed Chair, Crypto Challenges, and MiCA Regulations
Key Takeaways President Trump has initiated criminal charges against the current Federal Reserve Chairman, alleging financial mismanagement in…
WEEX Crypto News and the Dynamics of API Access
Key Takeaways Managing API access effectively is crucial for seamless data extraction in cryptocurrency markets. Understanding rate limits…
How AI Trading Systems Perform in Live Markets: Inside the WEEX AI Hackathon Beta Test
WEEX launched a Beta Test to provide participants with a proving ground that closely mirrors real trading conditions, allowing strategy stability, execution capability, and risk control to be tested by the market in advance, while refining an AI trading infrastructure that can truly be deployed in live markets.
Market Decline Impacts Meme Coins with WhiteWhale Dropping 75%
Key Takeaways The meme coin market has experienced a severe correction, notably impacting $WhiteWhale, which has decreased by…
Market Correction Causes Significant Drop in Meme Coin Values
Key Takeaways WhiteWhale’s value has decreased by 32.3% in the past 24 hours. The coin is currently trading…
Memecoins Fall While BlackWhale Rises in Cryptocurrency Market Shakeup
Key Takeaways The cryptocurrency market is experiencing a correction that has severely impacted memecoins. WhiteWhale’s value has declined…
Hyperliquid Introduces Direct ETH Deposits and Withdrawals for Enhanced Spot Trading
Key Takeaways Hyperliquid has officially rolled out direct Ethereum deposits and withdrawals, streamlining its spot trading capabilities. The…
Meme Coin Declines Shake the Market as WhiteWhale Takes a 75% Plunge
Key Takeaways The market correction severely impacts meme coins, with WhiteWhale experiencing a remarkable 75% drop in value…
AI News Today: Can AI Make Blockchain Systems More Reliable in Live Crypto Markets?
Learn how AI is used in blockchain systems to detect risks, improve reliability, and support secure crypto trading in live crypto market environments.
Analyzing the Impact of Cryptocurrency Regulations
Key Takeaways: Cryptocurrency regulations continue to evolve, impacting both global markets and individual investors. Rules and guidelines vary…
ETHGas Airdrop Eligibility Scrubbing, WLFI Proposal Sparks Controversy, What's Today's Overseas Crypto Community Buzzing About?
Tokenomics' Year of Reckoning
NYSE Introduces Blockchain-Based Platform for Tokenized Stocks and ETFs
Key Takeaways The New York Stock Exchange is spearheading the development of a blockchain trading platform aimed at…
Paradex Rollback Roasted, HIP-3 Competition Heats Up, What’s New in the Mainstream Ecosystem?
Key Takeaways The NYSE’s move towards an on-chain securities trading platform signals a transformative intersection of blockchain and…
App