{"id":393729,"date":"2025-05-30T20:31:48","date_gmt":"2025-05-30T15:01:48","guid":{"rendered":"https:\/\/dripp.zone\/news\/meet-sharplink-the-microstrategy-of-ethereum-crypto-news\/"},"modified":"2025-05-30T20:40:16","modified_gmt":"2025-05-30T15:10:16","slug":"meet-sharplink-the-microstrategy-of-ethereum-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/meet-sharplink-the-microstrategy-of-ethereum-crypto-news\/","title":{"rendered":"Meet SharpLink: The MicroStrategy of Ethereum &#8211; Crypto News"},"content":{"rendered":"<div style=\"position:relative;overflow:visible;font-size:1.2em;line-height:1.58\">\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">How do you save an ailing publicly traded company in 2025? One answer, and an increasingly popular one at that, is: pivot to crypto\u2014or more specifically, become a crypto treasury company.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">The previously unknown online gambling marketer SharpLink Gaming did just that earlier this week, when it announced it had <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/322297\/publicly-traded-sharplink-raises-425m-ethereum-treasury\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">raised $425 million<\/span><\/a><span style=\"font-weight:400\"> in investment to establish an Ethereum treasury. It was a notable departure from the more common route of building a Bitcoin treasury, with Ethereum being the second largest and most liquid crypto asset on the market next to Bitcoin. As part of the raise, Consensys CEO and Ethereum co-founder Joseph Lubin joined SharpLink\u2019s board of directors. (Disclosure: Consensys is <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/financial-disclosures\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">one of 22 investors<\/span><\/a><span style=\"font-weight:400\"> in an editorially independent <\/span><i><span style=\"font-weight:400\">Decrypt<\/span><\/i><span style=\"font-weight:400\">.)<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Before going all in on Ethereum, SharpLink had a market capitalization of around $2 million, trading for just over $2 per share and was just weeks ago dangerously close to being delisted from the Nasdaq for falling below the $1 per share minimum. On Tuesday, everything changed: The company\u2019s stock jumped 420% to $35 per share, with a market cap above $23 million.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">It\u2019s a strategy reminiscent of, well, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/resources\/what-is-microstrategy-mstr-the-bitcoin-treasury-company\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">Strategy<\/span><\/a><span style=\"font-weight:400\">. Michael Saylor\u2019s company, formerly known as MicroStrategy, laid down the blueprint for how this works: you buy up a bunch of Bitcoin (or, in Sharplink\u2019s case, Ethereum), and your stock functions as a proxy bet on the crypto asset. Shares in a crypto treasury company will often trade at a premium to the digital assets because, for the average investor, it\u2019s much easier to buy stock than fiddle around with crypto directly.<\/span><\/p>\n<p><iframe style=\"border:0\" src=\"https:\/\/myriad.markets\/embed\/market\/ethereum-price-above-2-650-on-may-30-2025-at-11-59pm-utc\" height=\"415px\"><span data-mce-type=\"bookmark\" style=\"width:0px;overflow:hidden;line-height:0\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Before being worth $101.76 billion and amassing a Bitcoin treasure chest worth over $60 billion, MicroStrategy was floundering at a double-digit share price as a fairly average business intelligence software solutions company. MicroStrategy then bought $425 million in Bitcoin in the fall of 2020. The same amount in Ethereum that SharpLink plans to buy. Back in 2020, MicroStrategy came out of nowhere. Just like SharpLink did Tuesday.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">So what is SharpLink, and where <\/span><i><span style=\"font-weight:400\">did<\/span><\/i><span style=\"font-weight:400\"> it come from?<\/span><\/p>\n<h2 class=\"sc-b2a202e4-2 bmropA gg-dark:text-white scene:font-itc-avant-garde-gothic-pro scene:font-light\" style=\"margin-top:2em;text-align:left;padding-bottom:16px;margin-bottom:16px;border-bottom:1px solid #dfe2e4\" color=\"#333\"><span style=\"font-weight:400\">What is SharpLink Gaming?<\/span><\/h2>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">SharpLink was co-founded in <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/investors.sharplink.com\/mts-announces-2021-extraordinary-general-meeting-of-shareholders-to-approve-merger-with-sharplink-inc-and-related-proposals\/\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">2019<\/span><\/a><span style=\"font-weight:400\"> by now-CEO Rob Phythian and former COO Chris Nicholas, who left the company in 2024. Tori Roberts joined the team in 2021 as vice president, in charge of affiliate marketing with Robert DeLucia following in 2022 as chief financial officer.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">According to the official <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sharplink.com\/aboutus\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">SharpLink site<\/span><\/a><span style=\"font-weight:400\">, there are also three independent directors in <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sharplink.com\/lesliebernhard\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">Leslie Bernhard<\/span><\/a><span style=\"font-weight:400\">, <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sharplink.com\/robertgutkowski\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">Robert Gutkowski<\/span><\/a><span style=\"font-weight:400\">, and <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sharplink.com\/obiemckenzie\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">Obie McKenzie<\/span><\/a><span style=\"font-weight:400\"> that make up the board of directors, chaired by Phythian himself.\u00a0<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Bernhard has previously served as a director and chairman in multiple Nasdaq-listed companies, Gutkowski helped seal a $486 million cable distribution deal, and McKenzie was a managing director at BlackRock. So, it appears at least, the directors are a capable bunch.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Put simply, SharpLink Gaming uses technology to help match sports betting companies with fans. According to its <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/sharplinkgaming\/\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">LinkedIn<\/span><\/a><span style=\"font-weight:400\"> page, the company now uses an AI tool that collects and analyzes behavioral insights on users, pushes relevant betting content onto those users, and converts them into paying customers.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Trading on the Nasdaq under the ticker SBET, it currently sits at a market cap of $55 million trading at nearly $80 per share, already doubling its price since Tuesday, according to data on <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/?symbol=NASDAQ%3ASBET\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">Trading View<\/span><\/a><span style=\"font-weight:400\">. If you bought SBET stock five years ago, though, you\u2019re still down around 67%.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">The company\u2019s revenues declined 26.1% from 2023 to 2024, last year&#8217;s <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/03\/17\/3043686\/0\/en\/SharpLink-Gaming-Reports-Full-Year-2024-Financial-Results.html\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">financial report showed<\/span><\/a><span style=\"font-weight:400\">, with cash on hand decreasing by 42.2% to $1.43 million. That said, it saw a positive net income of $10 million, a notable rise from a net loss of $14.2 million.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">In 2024, SharpLink Gaming <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/01\/23\/2814097\/0\/en\/SharpLink-Gaming-Sells-Fantasy-Sports-and-Sports-Game-Development-Business-Units-to-RSports-Interactive.html\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">sold two of its businesses<\/span><\/a><span style=\"font-weight:400\"> for $22.5 million, used most of these proceeds to write off outstanding debts, and <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/02\/13\/2828256\/0\/en\/SharpLink-Gaming-Ltd-Completes-Domestication-Merger-with-SharpLink-Gaming-Inc.html\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">completed a domestic merger<\/span><\/a><span style=\"font-weight:400\"> that changed the company from an Israeli LLC to a Delaware corporation, according to a company release.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">In July 2024, the board of directors started a <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/investors.sharplink.com\/sharplink-gaming-announces-strategic-alternatives-process\/\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">formal review process<\/span><\/a><span style=\"font-weight:400\"> to \u201cevaluate strategic alternatives\u201d that would \u201cdrive growth and create and maximize value\u201d for stockholders. It appears that in this process, the board of directors started to consider cryptocurrency more seriously.\u00a0<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">In February 2025, the company announced that it acquired a 10% equity stake in Armchair Enterprises Limited, a company that owns <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/cryptocasino?lang=en\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">CryptoCasino.com<\/span><\/a><span style=\"font-weight:400\">, as part of a strategy to become the \u201cfirst Nasdaq-listed company focused on crypto gaming.\u201d<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">\u201cWe carefully evaluated more than two dozen compelling opportunities,\u201d SharpLink CEO Phythian said in a <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/02\/24\/3031229\/0\/en\/SharpLink-Gaming-Acquires-10-Equity-Stake-in-Armchair-Enterprises-Owner-of-CryptoCasino-com-for-500-000-Cash-and-Right-of-First-Refusal-to-Acquire-Controlling-Interest.html\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">release<\/span><\/a><span style=\"font-weight:400\">, referencing the board\u2019s review process. \u201cAnd [we] determined that the combination of market expansion, cost efficiency, security and player demand makes crypto gaming one of the most promising growth opportunities in the online gaming industry today.\u201d<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">But this initial crypto pivot wasn\u2019t enough to prevent the price of SBET stock from dropping 60.8%, from $5.75 to $2.26, over the next two and a half months.\u00a0<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">During this period, SharpLink announced a <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1981535\/000164117225008368\/ex99-1.htm\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">reverse stock split<\/span><\/a><span style=\"font-weight:400\"> to stay above Nasdaq\u2019s stock price minimum requirement of $1. And then a <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1981535\/000164117225011794\/ex99-1.htm\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">$4.5 million public stock offering<\/span><\/a><span style=\"font-weight:400\"> in order to regain\u00a0 \u201ccompliance with Nasdaq\u2019s minimum requirement for total stockholders\u2019 equity.\u201d\u00a0<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Things were existential for SharpLink. But that was before the Ethereum treasury strategy led its stock price to surge 420% on Tuesday to $35 a share\u2014and now more than doubling that.<\/span><\/p>\n<h2 class=\"sc-b2a202e4-2 bmropA gg-dark:text-white scene:font-itc-avant-garde-gothic-pro scene:font-light\" style=\"margin-top:2em;text-align:left;padding-bottom:16px;margin-bottom:16px;border-bottom:1px solid #dfe2e4\" color=\"#333\"><span style=\"font-weight:400\">Who is the SharpLink CEO?<\/span><\/h2>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Rob Phythian co-founded SharpLink and today serves as its CEO and chairman of the board of directors. And now he\u2019s the Ethereum Michael Saylor.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Pythian founded SharpLink after he spent almost nine and a half years as CEO of <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/sportshub-technologies\/about\/\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">SportsHub Technologies<\/span><\/a><span style=\"font-weight:400\">, a company that created games and apps for sports gaming sites. Prior to that, he\u2019d also co-founded SportsData LLC, a sports experience creator, and served as its CEO and president.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">During his time at SportsHub, he was named by a <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/tcbmag.com\/the-tcb-100-people-to-know-in-2019\/\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">local business publication<\/span><\/a><span style=\"font-weight:400\"> as one of the top 100 people to know in Minnesota. Phythian was hailed a pioneer and a \u201csports tech godfather.\u201d<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">One former business partner told <\/span><i><span style=\"font-weight:400\">Decrypt<\/span><\/i><span style=\"font-weight:400\"> that he has great respect for Pythian.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">&#8220;I worked with Rob maybe 10 or 15 years ago on [an unnamed] skill gaming venture,\u201d <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/matthew-warneford\/\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">Matthew Warneford<\/span><\/a><span style=\"font-weight:400\">, CEO of Roblox game creator Dubit, told<\/span><i><span style=\"font-weight:400\"> Decrypt<\/span><\/i><span style=\"font-weight:400\">. \u201cRob&#8217;s a great guy, very smart, and good to work with. Have nothing but positive things to say.&#8221;<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">By 2023, now CEO of SharpLink, Phythian and his company started to embrace artificial intelligence. In a guest blog post for <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sportico.com\/business\/tech\/2023\/ai-personalization-spurs-fan-loyalty-consumption-1234748337\/\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\"><i><span style=\"font-weight:400\">Sportico<\/span><\/i><\/a><i><span style=\"font-weight:400\">,<\/span><\/i><span style=\"font-weight:400\"> he outlined a future where AI could help personalize the sport fan experience, while also batting away concerns that AI outputs are too generic as he believed that the tide was turning.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">A year later, it was clear that the company needed a new direction, and Pythian led the company through its shift to crypto gaming.\u00a0<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">And now he\u2019s leading SharpLink into its next phase as the Microstrategy of Ethereum. The question now is: Will it work?<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">If Phythian follows Saylor\u2019s playbook, then the next step will be to sell shares, or debt against those shares, to buy more Ethereum. Then rise and repeat. That likely bodes well for ETH\u2014and perhaps even SBET shareholders. But what it means for SharpLink as a business is an open question. It\u2019s a gamble, but one that so far appears to be paying off.<\/span><\/p>\n<div class=\"my-4 border-b border-decryptGridline\">\n<div class=\"text-start p-8 md:py-12 md:px-12 max-w-prose relative\"><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute top-4 left-4 md:top-6 md:left-6\"\/><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute rotate-180 bottom-4 right-4 md:bottom-6 md:right-6\"\/><\/p>\n<h3 class=\"font-akzidenz-grotesk font-bold text-xl md:text-3xl md:text-center gg-dark:text-white\">Daily Debrief<!-- --> Newsletter<\/h3>\n<p>Start every day with the top news stories right now, plus original features, a podcast, videos and more.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>How do you save an ailing publicly traded company in 2025? One answer, and an increasingly popular one at that, is: pivot to crypto\u2014or more specifically, become a crypto treasury company. The previously unknown online gambling marketer SharpLink Gaming did just that earlier this week, when it announced it had raised $425 million in investment [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":393731,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-393729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/393729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=393729"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/393729\/revisions"}],"predecessor-version":[{"id":393735,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/393729\/revisions\/393735"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/393731"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=393729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=393729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=393729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}