SharpLink Gaming has announced a $1.5 billion stock buyback, authorized by Nasdaq on August 17, 2025. The decision was fueled by the company’s large Ethereum holdings, totaling 740,760 ETH, which significantly affect its net asset value.
Management explained that repurchasing shares at or below ETH-derived NAV protects shareholder economics, especially when market prices trade below intrinsic value. Co-CEO Joseph Chalom emphasized SharpLink’s disciplined approach, framing the buyback as a strategic move to reinforce shareholder returns while leveraging treasury flexibility.
The initiative could influence broader corporate treasury practices, particularly for firms with substantial crypto reserves. By using Ethereum as a basis for capital allocation, SharpLink signals confidence in digital assets as a balance-sheet strength.
Analysts predict the program will tighten share float, provide price support, and increase scrutiny on governance surrounding crypto treasury policies. The move highlights how blockchain-linked treasuries are reshaping corporate financial strategies.
You need to login in order to Like
Leave a comment