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Ether Treasury Company SharpLink Gaming Buys Back $15M in 'Undervalued' Shares

SharpLink Gaming (SBET), a Nasdaq-listed ether (ETH) treasury firm helmed by Ethereum co-founder Joe Lubin, said on Tuesday it has bough back 15millionworthofshares,notingthestocksmarketcapisbelowthecompanys15 million worth of shares, noting the stock's market cap is below the company's 3.6 billion in ETH holdings. The Minneapolis-based firm repurchased about 939,000 shares at an average price of $15.98 as part of its share buyback program, according to a press release. "The Company believes its common stock is significantly undervalued in the market and believes bu ...