SharpLink funded its Ethereum purchases by issuing equity. It recently raised about $425 million through a private investment in public equity (PIPE) funding round, as well as an additional $64 million in at-the-market (ATM) sales. SharpLink has already staked almost all of its holdings and plans to reinvest those gains. Staking not only generates yield but also contributes to the health of the Ethereum ecosystem. Institutional accumulation is helping to drive an Ethereum rally. Ethereum (ETH -1.31%) is on ...