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SharpLink Completes 1 Million Share Buyback and Holds $3.86B in ETH

Published by
Sohrab Khawas

SharpLink announced the repurchase of 1 million shares of SBET as part of its $1.5 billion buyback program, bringing total shares repurchased to 1,938,450. As of September 14, the company holds 838,152 ETH, valued at about $3.86 billion. Since June 2, SharpLink has earned 3,240 ETH in staking rewards. The firm remains debt-free, increasing its Ethereum holdings while returning value to shareholders through ongoing buybacks.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by
Sohrab Khawas
Tags: Ethereum

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