Workflow
Why Sharplink's Plan to Stake Ethereum on Linea Got a Muted Response From Investors

Ethereum treasury company Sharplink got a muted response from investors when it told Decrypt last week that it’ll stake a portion of the 3.6billionworthofETHinitstreasuryonLineaoncemainnetgoeslive.Thecompanysshares,whichtradeontheNasdaqundertheSBETticker,arecurrentlytradingfor3.6 billion worth of ETH in its treasury on Linea once mainnet goes live. The company’s shares, which trade on the Nasdaq under the SBET ticker, are currently trading for 15.73, or 11% less compared to five trading days ago. And now, it’s been the case for a week that users on Myriad, a prediction market owned by Decrypt parent company DASTAN, are doubting that Sharpl ...