Short News View Non-AMP

SharpLink Approves $1.5B Stock Buyback Backed by Ethereum Holdings

Published by
Qadir AK

SharpLink’s 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, Bitmine’s NAV stands at 1.17. The plan signals confidence in SharpLink’s balance-sheet-backed value and aims to enhance shareholder returns through disciplined buybacks.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Fed Chair Powell Signals September Rate Cut at Jackson Hole, Warns on Inflation Risks

Jerome Powell’s Jackson Hole speech gave traders clarity on what’s next for U.S. rates and…

August 22, 2025

Top Altcoin Investment Strategy: Split 1 BTC Between OZAK AI and Ripple (XRP)

Crypto investors protecting Bitcoin in 2025 are increasingly exploring new approaches to diversify their portfolios…

August 22, 2025

Andrew Tate Shorts Kanye West’s YZY, Gains $16K But Loses $699K on Hyperliquid

Kanye West’s recently launched YZY token quickly grabbed attention in the crypto space. It shot…

August 22, 2025

Fed Chair Powell Signals Possible September Rate Cut Amid Shifting Economic Risks

Federal Reserve Chair Jerome Powell indicated that changing economic conditions may prompt an interest rate…

August 22, 2025

LDO Price Aims 200% as Lido Finance Strengthens On-Chain Fundamentals

The LDO price today sits near $1.32 after advancing to $1.53 by mid-August. While momentum…

August 22, 2025

Shiba Inu Price Prediction 2025, 2026 – 2030: Will SHIB Price Hit $0.00005?

Story Highlights The live price of SHIB memecoin is SHIB token price could reach a…

August 22, 2025