Wu learned that the Ethereum micro-strategy company SharpLink announced that its board has approved a stock repurchase plan, with a repurchase amount of up to $1.5 billion of the company's common stock. The company stated that repurchasing shares would be more valuable for growth when the stock price is below the net asset value of its ETH holdings. The buyback will be conducted through open market, private negotiations, or other lawful means, with specific timing and amounts depending on market conditions, and the company reserves the right to suspend or terminate the plan at any time.

ETH-1.12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)