In March of 2005 this guy bought 100% of shares (1.1M shares) in a traded company to prove the corruption.
The next two days that same stock traded 50 million times dropping the price 99% in two hours. All this with LITERALLY NO SHARES AVAILABLE TO BORROW OR SHORT 🤯👀
At SharpLink, we’re building Ethereum-backed value per share with institutional-grade discipline and full transparency
Our mission is simple: accumulate ETH, stake ETH, and grow ETH-per-share as the most trusted Ethereum treasury in the world
That’s why our Board just authorized a $1.5B stock buyback program
Here’s the thinking:
• If SBET trades at or below the NAV of our ETH holdings, issuing new equity would dilute ETH concentration
• In that scenario, the accretive course of action may be to repurchase our stock
• Buybacks do the opposite of dilution — they increase the ETH behind every share
This program gives us the flexibility to act quickly and decisively if conditions present themselves
Every repurchase strengthens ETH concentration. Every repurchase compounds long-term value for stockholders
We’re not just holding ETH. We’re growing it — per share
The asset is $ETH, the ticker is $SBET
.@benjamincowen just got the membership to ITC, great work with it. Question about the risk levels, do you plan to release anymore than the ones currently covered? Same for stocks as well.
Aerodrome Volume Soars Past 1 Billion ✈️
In the last 24 hours, Aerodrome volume reached $1.17B—capturing 55% more volume than the next best DEX on @base.
Accelerate.
$250 Billion in Volume ✈️
Aerodrome just surpassed $250B in all-time volume—growing 5x faster this year compared to 2024.
All before Aerodrome went live to millions of users on @coinbase.
Buckle up.
DEXs are now front and center for Coinbase One.
That means Coinbase One members pay zero additional trading fees when using @coinbase to trade on DEXs like Aerodrome and can receive a 30% boost when they lock at least 2,500 $AERO.
The world is coming onchain. 🛫
Admittedly, there is a lot going on with this chart.
But if you look carefully at it, you'll see that #Bitcoin prints the same pattern each post-halving year.
Up in July-Aug
Down in Sep
Up into the market cycle top in Q4
Bear Market
Millions of assets. One Coinbase app.
→ Every asset on @base
→ Faster and easier access to onchain trading
→ Tokens go from launch to available on Coinbase in moments
All available in the same Coinbase app with DEX trading.
Rolling out now, starting in the U.S. (ex. NY).
Holding a token on Base?
Soon millions of Coinbase users will be able to hold it too.
Retail DEX just started rolling out access to all tokens on Base.
We're excited to announce the launch of the Chainlink Reserve, a new upgrade centered on the creation of a strategic onchain reserve of LINK tokens.
https://t.co/Fgib8zR9uj
The Chainlink Reserve is designed to support the long-term growth and sustainability of the Chainlink Network by accumulating LINK tokens using offchain revenue from large enterprises that are adopting the Chainlink standard and from onchain service usage.
The Chainlink Reserve is being built up by using Payment Abstraction to convert offchain and onchain revenue into LINK, using a combination of Chainlink services and decentralized exchange infrastructure.
Demand for Chainlink has already created hundreds of millions of dollars in revenue, substantially from large enterprises that have paid offchain for access to the Chainlink Platform.
With increasing demand from a number of the world’s largest banking and capital markets institutions, this form of paying for the Chainlink standard is expected to grow into the future as the industry grows.
The Reserve has already accumulated over $1M worth of LINK from this early stage launch phase, which is expected to gradually grow in the coming months as more revenue is converted into LINK and placed into the Reserve.
We do not expect any withdrawals from the Reserve for multiple years and thus it is expected to grow over time. We believe that as the industry demand for Chainlink’s unique capabilities increases, that adoption of Chainlink services will enable the Reserve to grow further.
🧵👇