SharpLink Gaming Stock Tanks On $462M Ethereum Acquisition: Retail Rushes In To Buy The Dip

Shares of SharpLink Gaming Inc. (SBET) slumped over 66% on Friday after the company announced the acquisition of 176,270.69 ETH for $462.9 million. The purchase positions the company as the largest publicly traded holder of Ethereum globally, second only to the Ethereum Foundation, it added. This acquisition was facilitated through a private invest…