SharpLink Gaming, Inc. (NASDAQ:SBET) saw a 33.86% surge in stock price to $28.98 this week, becoming a major player in the cryptocurrency industry. The company acquired 74,656 ETH, making it the largest global holder with a total of 280,706. Investors reacted positively, driving the stock up by 80.51% in just one week. Additionally, SharpLink raised $413 million through share issuance, with $257 million earmarked for more ETH purchases. While SBET shows promise, other AI stocks may offer better returns. For more insights on AI stocks, check out the free report on the best short-term AI stock.
Read more at Yahoo Finance: SharpLink (SBET) Soars 33.86% on ETH Leadership