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SharpLink Gaming Launches $1B Stock Offering to Fuel New Ethereum Treasury

  • SharpLink Gaming files to raise up to $1 billion through stock offering, planning to convert proceeds into ETH for Ethereum treasury.
  • News of Ethereum treasury spiked SharpLink's stock by 2,100% within a week, with Ethereum co-founder becoming chairman.
  • SharpLink intends to use most proceeds to acquire Ether for Ethereum treasury and for general corporate purposes.
  • Company highlights risks of CBDCs reducing demand for cryptocurrencies and ETH potentially being classified as a security.

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