ImpermanentlyLost
@ImpermaLost
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All in $SBET. Providing nothing but liquidity to society. Crypto OG (2017).
Ethereum
Joined March 2025
I have opened up a $30,000 position on $SBET. I firmly believe $SBET will overtake $MSTR as the world's largest crypto reserve company. Not only can they play the Saylor Strategy playbook, they can use the power of DeFi to boost their return. Currently, they have ~200,000 $ETH
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The asset is $ETH, the ticker is $SBET
NASDAQ: FILING WITH SEC PROPOSAL TO AMEND RULES TO ENABLE TRADING OF SECURITIES LISTED ON NASDAQ IN TRADITIONAL DIGITAL OR TOKENIZED FORM
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$ETHZ has purchased more $ETHZ since inception than $ETH
🚨 Breaking ETHZilla news 🚨 ETHZilla has entered into an OTC transaction with Cumberland DRW to obtain up to $80 million. The net proceeds will be used to fund repurchases of $ETHZ. ETHZilla has already repurchased 2.2 million $ETHZ shares at an average price of $2.50.
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100% of people have no idea what any of this means
@NasdaqBTCS Wow — nearly 80% of people think a stock can trade even if it doesn’t exist. Scary reflection of market integrity. Theoretical (near impossible): If 100% of our stock were in record name, we would still be listed on Nasdaq. But I suspect brokers would ignore Reg SHO and trade
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People should charge what they want The market decides the price anyway
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$SBET is trading at 0.84x mNAV 🤯 So all I have to do is wait for it to go back to 1x and I'll have made 20%? 🤔
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The $SBET thesis hasn't changed It never will
SharpLink is fully compliant with Nasdaq rules and does not require further shareholder approvals if we choose to execute our ATM program to fund ETH purchases. Our strategy remains unchanged: raise capital only when it is accretive for shareholders. Recent media reports have
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$SBET is up 60% since the company pivoted to the $ETH Treasury Strategy Did things get a little heated and was there a lot of exuberance? Yes Has the thesis fundamentally changed? No People want to get rich quick. This is not the arena for that What Sharplink is building will
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If ever there was a time for $SBET to implement some Convertibles, it would be now
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If $SBET isn't above $25 by the end of October I will have roundtripped the entire position 🤯
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Markets frontrunning this? Reason for the drawdown? Thankfully, $SBET is the most transparent treasury company Nothing to worry about in this regard
INTEL: Nasdaq increases scrutiny of companies with significant crypto holdings
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"Hi, you have been put through to the $SBET bagholder hotline. How can I help you?"
"Hello @SharpLinkGaming, is @ethereumJoseph or @joechalom available to talk? I would like a refund on my $SBET shares please. Thank you"
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"Hello @SharpLinkGaming, is @ethereumJoseph or @joechalom available to talk? I would like a refund on my $SBET shares please. Thank you"
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$SETH = Sharplink ETH 🔥
SharpLink’s 3 step formula for success: Step 1: Stack $ETH Step 2: Stake $SETH Step 3: Concentrate $ETH-per-share
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$ETH Hourly chart How could you be bearish on this? $SBET will follow identically or outperform now that we are sub 1x mNAV I am thinking of buying even more tomorrow or Selling some $17 Puts to bring in some income and buy the dip if possible $ETH $10,000 $SBET $100
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Never exit the game. It is always in your favor $ETH will be deflationary in an always inflationary environment Treasury Companies will outperform by a large margin
look at the gold chart ... on a weekend while CT is proudly calling tops the fucking denominator is worthless bros
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$SBET is the best risk to reward in the entire stock market $ETH will drive unbelievable returns
Absolutely wild. SBET has $3.8B worth of ETH and trades at an mNAV below 1 right now. They have @ethereumJoseph and @joechalom at the helm. They can generate 3-5% yield on ETH. They can access debt markets to increase returns. Assuming ETH has any bull run ahead (it does)
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$SBET trading at 0.99x mNAV is so crazy to me If $ETH is up over the weekend, expect a nice move up on $SBET Monday morning We now have the protection of share buybacks being implemented if it drops any further The last few weeks have been brutal But getting rich isn't easy!
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