Latest news with #SharpLinkGamingLtd
Malaysian Reserve
16-07-2025
- Business
- Malaysian Reserve
Bybit Lists SBET, CLSK and BITF, Bringing New TradFi Opportunities to Platform Users
DUBAI, UAE, July 16, 2025 /CNW/ — Bybit, the world's second-largest cryptocurrency exchange by trading volume, is thrilled to announce the listing of three new equities — SharpLink Gaming Ltd. (NASDAQ: SBET), CleanSpark Inc. (NASDAQ: CLSK) and Bitfarms Ltd. (NASDAQ: BITF) — on its TradFi platform, expanding its offerings at the intersection of traditional finance and digital assets. Among the newly listed stocks, SharpLink Gaming Ltd. (SBET) is drawing significant market attention. According to recent media reports, SBET has acquired approximately 74,656 ETH, valued at around $213 million, positioning it among the largest institutional holders of Ethereum. This development has led some analysts to draw comparisons between SBET and MicroStrategy's high-profile Bitcoin strategy, dubbing it 'Ethereum's version of MicroStrategy.' Reports also suggest that over 99.7% of SBET's ETH holdings are currently deployed in staking or re-staking strategies, helping the company generate meaningful on-chain yield since early June. While these figures have not been officially confirmed via regulatory filings, they underscore growing institutional interest in Ethereum as a strategic treasury asset. This listing reflects the accelerating convergence of traditional finance and Web3. SBET's reported allocation into Ethereum demonstrates how traditional companies are exploring digital assets as part of their corporate strategies, offering Bybit users a unique opportunity to engage with one of the most crypto-aligned equities on the market. Bybit users can now access trading for SBET, CLSK and BITF via the platform's TradFi page. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@ For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Cision Canada
16-07-2025
- Business
- Cision Canada
Bybit Lists SBET, CLSK and BITF, Bringing New TradFi Opportunities to Platform Users
DUBAI, UAE, July 16, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is thrilled to announce the listing of three new equities — SharpLink Gaming Ltd. (NASDAQ: SBET), CleanSpark Inc. (NASDAQ: CLSK) and Bitfarms Ltd. (NASDAQ: BITF) — on its TradFi platform, expanding its offerings at the intersection of traditional finance and digital assets. Among the newly listed stocks, SharpLink Gaming Ltd. (SBET) is drawing significant market attention. According to recent media reports, SBET has acquired approximately 74,656 ETH, valued at around $213 million, positioning it among the largest institutional holders of Ethereum. This development has led some analysts to draw comparisons between SBET and MicroStrategy's high-profile Bitcoin strategy, dubbing it "Ethereum's version of MicroStrategy." Reports also suggest that over 99.7% of SBET's ETH holdings are currently deployed in staking or re-staking strategies, helping the company generate meaningful on-chain yield since early June. While these figures have not been officially confirmed via regulatory filings, they underscore growing institutional interest in Ethereum as a strategic treasury asset. This listing reflects the accelerating convergence of traditional finance and Web3. SBET's reported allocation into Ethereum demonstrates how traditional companies are exploring digital assets as part of their corporate strategies, offering Bybit users a unique opportunity to engage with one of the most crypto-aligned equities on the market. Bybit users can now access trading for SBET, CLSK and BITF via the platform's TradFi page. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at
Yahoo
12-06-2025
- Business
- Yahoo
SharpLink Gaming stock tumbles after filing to offer common stock, warrants
-- SharpLink Gaming Ltd. (NASDAQ: SBET) stock plummeted 72% in after-hours trading Thursday after the company filed a prospectus related to a substantial securities offering. The filing details the potential resale of up to 58,699,760 shares of common stock issued to investors in a private placement offering (PIPE Offering) that closed on May 30, 2025. Additionally, the prospectus covers pre-funded warrants to purchase up to 10,400,553 shares with a nominal exercise price of $0.0001 per share. The filing also includes strategic advisor warrants to purchase up to 3,455,019 shares at various exercise prices ranging from $6.15 to $7.995 per share, as well as placement agent warrants to purchase up to 2,764,013 shares at an exercise price of $7.688 per share. SharpLink Gaming will not receive any proceeds from the sale of shares by the selling stockholders. However, the company could receive up to approximately $1,040 in gross proceeds if the pre-funded warrants are exercised in full, $23.8 million if the strategic advisor warrants are fully exercised, and $21.2 million if the placement agent warrants are exercised in full. The securities were issued pursuant to Securities Purchase Agreements dated May 26, 2025, with the strategic advisor warrants issued under a Strategic Advisor Agreement dated May 30, 2025. The placement agent warrants were issued to A.G.P./Alliance Global Partners (NYSE:GLP) in connection with the PIPE Offering. According to the filing, the selling stockholders may offer all or part of the securities for resale through public or private transactions at either prevailing market prices or privately negotiated prices. The company's common stock closed at $37.07 per share on June 11, 2025, according to the prospectus. Shares traded at $9 after-hours on June 12. Related articles SharpLink Gaming stock tumbles after filing to offer common stock, warrants Wall Street weighs in on Boeing after digesting deadly Air India crash AMD gains on Nvidia? Lisa Su reveals new chips in heated AI inference race Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
