The American bookmaking platform Sharplink Gaming has submitted a request to the Securities and Stock Exchange Commission (SEC) to offer up to $ 1 billion of ordinary shares to enhance the resources of the newly launched Ether treasury.
“We intend to use all the influence from this offer on obtaining ether, native cryptocurrency of Blockchain Ethereum, commonly referred to as” ETH “, Sharplink Gaming he said In the application of May 30.
Sharplink determines the risk of investing ETH
“We also intend to operate the revenues from this offer for the needs of working capital, general corporate goals, operating costs and basic affiliate marketing operations,” he said.
After the company from May 27, the company will start a corporate tax strategy based on Ethereum.
Sharplink nominated the co -founder of Ethereum, Joseph Lubin as chairman of the board.
After the announcement, Sharplink Gaming shares increased by 400% on Trade Day on May 27.
The application presented several risks related to the significant purchase of ether (ETH), including the introduction of the Central Bank (CBDC) digital currencies, which “can eliminate or reduce the need or demand for cryptocurrencies issued by the private sector or significantly reduce their usability.”
The possibility of marking the ether “security” has also been listed as a risk that, according to the company, would require adherence to additional regulations.
Dub Sharplink community as Michael Saylor Ether
The notification led several people in the community to compare the bookmaking platform with the equivalent Ethereum Bitcoin Maxi Michael Saylor, known for their aggressive Bitcoin acquisitions through his company Strategy.
At the time of publication, the strategy has 580 250 bitcoins worth $ 60.22 billion as for Saylor Tracker.
Related: Futures ethereum data and network activity increase in ETH price increases
Cryptographic analyst 0xBoboshanti he said In post X “Ethereum finally has its own Saylor.” Meanwhile, Anthony Sassano Ethereum pedagogue he said“You are not stubborn enough.”
Ether trades at USD 2516 at the time of publication, which is a drop of 4.51% in the last 24 hours, According to For Coinmarketcap data.
This happens after the new report by the ETF Rex supplier, which prompted analysts to forecast that the first ETF ETF ETF Ethereum and Solana in the United States.
Analysts said that Rex actions used “regulatory bypasses” to potentially introduce ETF, something that other suppliers fought.
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