Is the Ethereum version of Micro Strategy coming? SharpLink Gaming's stock price soared by over 600%, announcing a private placement of $425 million to purchase ETH SharpLink Gaming announced today that it has signed a securities purchase agreement for a $425 million public company private equity (PIPE) investment, led by Consensus Software Inc. as the main investor, with participation from well-known cryptocurrency venture capital firms such as ParaFi Capital, Electric Capital, Pantera Capital, Galaxy Digital, and others. SharpLink plans to use the raised funds to purchase Ethereum as the company's primary treasury reserve asset. After the transaction is completed, Joseph Lubin, co-founder of Ethereum and founder and CEO of Consensys, will serve as the chairman of SharpLink's board of directors and act as a strategic advisor to assist the company in developing its core business