SharpLink announces repurchase of 1 million shares of SBET, bringing ETH holdings to $3.86 billion

PANews reported on September 16th that SharpLink announced it had completed a repurchase of 1 million SBET shares, bringing the total repurchased to 1,938,450 shares, as part of a $ 1.5 billion repurchase plan. As of September 14th , the company held 838,152 ETH , with a market capitalization of approximately $ 3.86 billion. Since its June 2nd launch, it has received 3,240 ETH in staking rewards, increasing its ETH concentration by 99% . The company currently has no debt and total assets of approximately $ 3.86 billion.

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