Gaming Sharplink (Sbet)An ether cash listed in Nasdaq, said that it had raised $ 200 million to buy more ether (Eth) Pending stimulating his assets at more than $ 2 billion in the second largest cryptocurrency.
The company based in Minneapolis has concluded a securities purchase agreement with four institutional investors to increase capital thanks to a direct offer at a price of $ 19.50 per share, he said in a press release.
The company’s ether funds are at 521,939 ETH from its latest purchases, worth a little less than $ 2 billion depending on the Ether price of $ 3,830.65 at the time of the drafting.
Sharplink’s shares increased by around 3.3% to $ 22.97 at the end of the US morning Thursday, following 4.5% ETH over 24 hours to recover the level of $ 3,800.
The company is part of an increasing number to adopt an ether cash strategy, collecting funds to accumulate ETH and marked the tokens in exchange for awards.
