The American sports betting platform Sharplink Gaming has presented to the Bag and Securities Commission (SEC) to sacrifice up to $ 1 billion in ordinary shares in an effort to increase its newly released Ether Treasury.
“We intend to use substantial all the processing of this offer to acquire Ether, the native cryptocurrency of the Ethereum block chain commonly known as” eth, “said Sharplink Gaming in the presentation of May 30.
Sharplink describes the investment risks eth
“We also intend to use the processed offer of this offer for working capital needs, general corporate purposes, operational demands and central affiliation marketing operations,” he said.
It occurs after the announcement of May 27 of the company that would launch a corporate treasure strategy based in Ethereum.
Sharplink nominated Ethereum co -founder Joseph Lubin as president or his board of directors.
After the announcement, Sharplink Gaming shares increased 400% duration on May 27.
The filling described several risks related to the significant purchase of Ether (ETH), including the introduction of digital currencies of the Central Bank (CBDC), which “could eliminate or reduce the need or demand of an ISMUT private sector.” “
The possibility that Ether is labeled as “security” also appeared as a risk, which is the company that requires that additional regulations adhere.
Community Dub Sharplink as Michael Saylor De Ether
The presentation led several people in the community to compare the betting platform with the Ethereum equivalent of Bitcoin Maxi Michael Saylor, known for his aggressive acquisitions of Bitcoin through his firm strategy.
At the time of publication, Strategy has 580,250 bitcoin, valued at $ 60.22 billion, according to Saylor Tracker.
Related: Ethereum’s futures data and network activity grow the ETH price force
The 0xboboshanti cryptographic analyst said in an X publication: “Ethereum finally has its own Saylor.” Meanwhile, Ethereum’s educator Anthony Sassano said: “You are not optimistic enough.”
Ether is quoted at $ 2,516 at the time of publication, 4.51% less in the last 24 hours, according to CoinmarketCap data.
This occurs after a new presentation of the ETF Rex Actions supplier, which has led analysts to predict that the first ETF of Ethereum and Solana Strike could launch in the US. UU. Within the week.
The analysts said that Rex’s actions used “regulatory solutions”, to obtain power in the ETF strike, something that other suppliers have fought to do.
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