Ether Treasury Company SharpLink Gaming Buys Back $15M in 'Undervalued' Shares
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最新报道：SharpLink Gaming (SBET), a Nasdaq-listed ETH treasury firm led by Ethereum co-founder Joe Lubin, repurchased $15 million worth of shares, citing significant undervaluation as its market cap trails its $3.6 billion ETH holdings. The stock rose 3.6% pre-market, while ETH gained over 1%. With nearly all ETH staked for yield, SBET trades at a 0.87 mNAV, limiting equity-based fundraising. Rival BitMine also fell below 1 mNAV amid a broader crypto downturn, with both firms down 60%-70% from July peaks.
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