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SharpLink Gaming authorizes $1.5 billion buyback plan to optimize ETH asset value
[Coin World] On August 22, according to an official announcement, SharpLink Gaming, Inc. (NASDAQ: SBET) announced on August 22, 2025, that the board has authorized a stock repurchase program of up to $1.5 billion of the company's common stock. As one of the largest holders of Ethereum globally, the company stated that repurchasing shares will be more valuable when the stock price is below the net asset value of its ETH holdings. The buyback will be conducted through the open market, private negotiations, or other legal means, and the specific timing and amount will depend on market conditions, with the company having the right to suspend or terminate the program at any time.