SharpLinkโs board approved a stock repurchase program of up to $1.5 billion in common shares. The firm said buybacks are most value-accretive when its share price falls below the net asset value (NAV) of its Ethereum holdings. According to SER data, SharpLink holds 740.8k ETH with a current NAV of 1.06. For context, Bitmineโs NAV stands at 1.17. The plan signals confidence in SharpLinkโs balance-sheet-backed value and aims to enhance shareholder returns through disciplined buybacks.
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