SharpLink Makes $425M Ethereum Power Play—Stock Skyrockets 420%

SharpLink just raised $425M to build an Ethereum treasury—its stock price exploded 420%. Traditional finance meets Ethereum.

May 28, 2025 - 06:35

SharpLink Makes $425M Ethereum Power Play—Stock Skyrockets 420%

In a stunning move blending Wall Street with Web3, SharpLink, a publicly traded company, has raised $425 million to build an Ethereum treasury—causing its stock to soar 420% in a single day.

Why it matters:

This bold treasury strategy positions SharpLink as a rare Ethereum-native corporate in public markets, echoing MicroStrategy’s famous Bitcoin bet. By anchoring its balance sheet in ETH, SharpLink aims to ride Ethereum’s long-term growth while signaling full commitment to crypto infrastructure.

For investors, this is more than just a bullish move—it's a major bridge between traditional finance and decentralized assets. The surge in stock price reflects growing institutional belief in Ethereum's potential as a store of value and financial backbone.

Will ETH become the new BTC for corporate treasuries? Stay tuned as Trafy.io tracks every major move shaping the future of finance.

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