💰 SharpLink Eyes Linea: Ethereum Staking Set to Power Treas
庄十亿
Updated at: 20 hours ago
{"content":"💰 SharpLink Eyes Linea: Ethereum Staking Set to Power Treasury Gains
SharpLink is considering a daring approach that might change corporate digital asset management. The corporation is considering staking Ethereum on Linea.
What Ethereum Staking Means For SharpLink
SharpLink Gaming (NASDAQ: SBET), one of the biggest Ethereum treasuries, aims to stake part of its $3.6 billion ETH treasury on the Linea layer-2 network.
This strategic choice would broaden the company's staking approach and help promote Ethereum, according to Co-CEO Joseph Chalom. As Linea prepares for its September 10 mainnet launch, the firm is showing its faith in ETH scaling solutions by exploring staking.
The firm also joined the Linea Consortium, which distributes 75% of the LINEA token supply. SharpLink advances its financial objectives and becomes a significant participant in Linea network expansion and control via this strategic relationship.
SharpLink Gaming said in an X post that it is Nasdaq-compliant and does not need shareholder permission to conduct its At-the-Market (ATM) Ethereum buying program.
SharpLink's basic approach is to raise cash only when it benefits shareholders and boosts stock value. According to recent media reports, certain Digital Asset Trust (DAT) corporations may require shareholder permission before issuing additional shares to finance crypto purchases.
These reports may apply to newer DATs that may have trouble satisfying Nasdaq regulations or are under more regulatory scrutiny. SharpLink strictly follows Nasdaq and industry best standards in all its dealings.
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