Shares of sports marketing company SharpLink (SBET) rose 412% on Tuesday after it announced plans to create an Ethereum ETH treasury reserve strategy with involvement from the blockchain’s own co-founder, Joseph Lubin.The Minneapolis-based firm, founded in 1995, is currently trading at $34.45, up from $7 Friday, with a market cap now of $23 million.The company is raising roughly $425 million though a private investment in public equity (PIPE) offering
source: https://www.coindesk.com/markets/2025/05/27/sharplink-gaming-soars-400-as-joseph-lubin-s-consensys-leads-usd425m-investment-for-eth-treasury-strategy