SharpLink Shares Sink e0% After Last Week's 2,000% Surge

Shares of SharpLink Gaming (SBET) slipped 30% in early trading Monday, giving back a small bit of last week's 2,000% surge.The historic move higher — the stock moving from less than $3 to above $100 at one point — came following news that Sharplink was raising $450 million to launch an ether ETH treasury strategy, with ether co-founder Joseph Lubin to join the company board as chairman.The company Monday morning announced the closing of that fundraising.SharpLink sold 69 million shares to raise the capital source: https://www.coindesk.com/markets/2025/06/02/sharplink-shares-sink-26-after-announcing-closing-of-usd425m-ether-funded-treasury-strategy