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Benzinga
Benzinga
Business
Henry Khederian

Sharplink Gaming Stock Is On Watch Wednesday: What's Going On?

Ethereum,Virtual,Currency,On,Black,Screen

Shares of Sharplink Gaming Inc (NASDAQ:SBET) are on watch again on Wednesday, building on momentum fueled by the company’s pivot to an Ethereum (CRYPTO: ETH) focused treasury strategy. The stock saw significant gains in early trading, following Tuesday’s jump.

What To Know: The rally comes on the heels of news that SharpLink acquired an additional 7,689 ETH last week at an average price of $2,501 per coin. This latest purchase brings the company’s total holdings to a substantial 205,634 ETH.

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