SharpLink shares fall after analyst projects 200% upside, $76.5 million equity sale to boost Ethereum holdings

SharpLink’s pivot from online gaming earlier this year has turned it into one of the largest public Ethereum treasury holders, with more than 830,000 ETH on its balance sheet.BitMine, chaired by Tom Lee, has quickly surpassed SharpLink with over 3 million ETH — more than 2.5% of Ethereum’s total supply, onchain data shows.