AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
SharpLink Gaming Soars 253.87% on $425M Investment
Generated by AI AgentAinvest Pre-Market Radar
Tuesday, May 27, 2025 8:35 am ET1min read
On May 27, 2025,
experienced a remarkable surge, rising 253.87% in pre-market trading, marking a significant milestone in its journey.SharpLink Gaming has secured a substantial $425 million investment through a private placement in public equity (PIPE) offering. This investment involves the sale of approximately 69.1 million shares at a price of $6.15 per share, with certain members of the company's management team receiving shares at $6.72 per share. The funds raised will be used to acquire Ethereum (ETH) as the company's primary treasury reserve asset, pending identification of working capital needs and other general corporate purposes.
Consensys Software Inc. acted as the lead investor, with participation from prominent crypto venture capital firms and infrastructure providers. Joseph Lubin, the Founder and CEO of Consensys and Co-Founder of Ethereum, will become the Chairman of the Board of Directors of SharpLink Gaming upon the closing of the private placement. This strategic move is expected to enhance SharpLink's capabilities in the Ethereum ecosystem and expand its core business in the sports betting and iGaming industries.
Ainvest Pre-Market Radar
Get the scoop on pre-market movers and shakers in the US stock market.
Latest Articles
Metallus shares plunge 6.73% as investor concerns over earnings volatility and sector risks grow
Dec.22 2025
Annexon (ANNX) Surges 7.26% in Pre-Market Trading After S&P Biotechnology Index Inclusion
Dec.22 2025
Aeva Technologies Inc. surges 7.69% on strategic partnership with major automaker
Dec.22 2025
Oracle shares surge 6.63% on OpenAI rebuttal and healthcare contracts
Dec.22 2025
Broadcom Inc. (NASDAQ:AVGO) surges 3.18% on analyst upgrades amid AI growth optimism
Dec.22 2025
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet