Why Sharplink's Plan to Stake Ethereum on Linea Got a Muted Response From Investors

Ethereum treasury company Sharplink got a muted response from investors when it told Decrypt last week that it’ll stake a portion of the $3.6 billion worth of ETH in its treasury on Linea once mainnet goes live. The company’s shares, which trade on the Nasdaq under the SBET ticker, are currently trading for $15.73, or 11% less compared to five trading days ago. And now, it’s been the case for a week that users on Myriad, a prediction market owned by Decrypt parent company DASTAN, are doubting that Sharpl ...