SharpLink began its $1.50 billion share repurchase program to repurchase approximately 1 million $SBET shares. SharpLink believes its shares are significantly undervalued and that repurchasing shares at less than 1 times NAV provides immediate appreciation and compounded shareholder value over the long term.
SharpLink has $3.60 billion of ETH on its balance sheet, almost 100% of which has been pledged and generates revenue. There is currently no debt, and the company has never issued less than 1x its net asset value.
SharpLink begins its $1.50 billion share repurchase program
2025-09-09 12:07:50
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