SharpLink: ETH Concentration Per Thousand Shares Has Increased from Approximately 2 to 3.4, a 70% Rise
BlockBeats News, August 1—SharpLink Gaming, known as the “ETH version of MicroStrategy,” stated in a post that their mission is to accumulate as much Ethereum as possible while maximizing shareholder value. To ensure full transparency, they not only report the number of shares issued or the amount of ETH held, but also track the amount of ETH per 1,000 shares. They refer to this as “ETH concentration,” which indicates how much Ethereum backs every 1,000 shares of SBET stock. Since the launch of their ETH treasury strategy, the “ETH concentration” has increased from approximately 2.00 to about 3.40, a 70% rise.
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.
You may also like
RootData: ALT to Unlock Tokens Worth Approximately $8.57 Million in One Week

Data: Over 910,000 ETH Queued to Exit Ethereum PoS Network, Setting a New Record
Stablecoin Protocol Cap Officially Launched, cUSD Minting Now Open
Trending news
MoreCrypto prices
More








