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2kdolph
2kdolph
📰 $ETH — JOE LUBIN-BACKED SHARPLINK JOINS RUSSELL INDEXES — A LIFELINE FOR ETH TREASURY FIRMS 🔥 SharpLink Gaming (SBET) — holding 872,984 ETH in its treasury and backed by Ethereum co-founder Joe Lubin — has been approved to join the Russell 2000 & Russell 3000 indexes, effective June 29. 📉 Key metrics: • ~873,000 $ETH in treasury — worth ~$1.8B at current market prices • Second-largest public ETH holder after Bitmine (5.4M ETH) • SBET stock down ~95% from speculative peak, yet still 2x its pre-ETH treasury pivot level • ~$12 trillion in assets benchmarked to Russell indexes → massive passive flow potential 💡 What this means: → Russell inclusion unlocks capital from index-tracking funds → boosted liquidity & institutional ownership → CEO Joseph Chalom calls it "validation of institutional-grade ETH treasury strategy" → Ethereum treasury firms are clawing back credibility despite the broader crypto downtrend 🧠 SharpLink proves: even after a 95% stock collapse, landing in a major index can be the survival play crypto treasury companies desperately need ⚠️ Not financial advice. DYOR. #2kdolph #OKB #ICEBacksOKXOilPerps #ExchangeOSGoesLive #HYPEWhaleWar

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