SharpLink Activates $1.5B Buyback, Repurchases 1M Shares as $SBET

SharpLink Gaming Inc, one of the largest corporate holders of Ethereum, has officially begun deploying its $1.5 billion share buyback program. The company repurchased approximately 939,000 shares of common stock at an average price of $15.98, underscoring its view that the stock is significantly undervalued. Management says that buybacks represent a compelling investment opportunity, immediately accretive to shareholders, while reinforcing confidence in the company’s long-term growth prospects. Balance ...