SharpLink: "Institutional ownership of our common stock at 46%…one of the highest levels of institutional participation in the industry"

Source
Uk Jin

Summary

  • SharpLink said institutional ownership of its common stock rose to 46%, marking an all-time high.
  • The company said the figure represents one of the highest levels of institutional participation among Ethereum-focused digital-asset treasury (DAT) companies.
  • SharpLink said it stakes nearly 100% of its Ethereum holdings to increase Ethereum holdings per share, and that it holds a total of 867,798.

SharpLink, an Ethereum (ETH)-based digital-asset treasury strategy company, said on the 20th (Korea time) that its institutional ownership has reached an all-time high.

In a statement, SharpLink said that, based on an aggregation of Form 13F filings submitted to the U.S. Securities and Exchange Commission (SEC) as of December 31 last year, institutional ownership of its common stock increased to 46%. The company said this represents "one of the highest levels of institutional participation among Ethereum-focused digital-asset treasury (DAT) companies."

Chief Executive Officer (CEO) Joseph Chalom said, "Institutional investors highly value disciplined operations and institutional-grade risk management capabilities," adding that "SharpLink stakes nearly 100% of its Ethereum holdings, which enables it to continuously increase Ethereum holdings per share."

SharpLink holds a total of 867,798 Ether as of the 15th.

publisher img

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
hot_people_entry_banner in news detail bottom articles
hot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trending News