Key Notes
Company executed initial $15 million repurchase of 939,000 shares while maintaining zero debt against $3.6 billion ETH treasury.
Stock gained 3.6% in pre-market trading but remains 60% below July peaks despite increased trading volume activity.
Management prioritizes buybacks over equity issuance while nearly all Ethereum holdings generate staking revenue for operations.
SharpLink Gaming Inc. (Nasdaq: SBET) announced on Tuesday that it has begun executing its $1.5 billion share buyback program by repurchasing approximately 939,000 shares at an average price of $15.98 per share, totaling $15 million in value.
The Ethereum ETH $4 302 24h volatility: 0.2% Market cap: $519.77 B Vol. 24h: $28.90 B treasury company, which holds $3.6 billion in ETH w