Sign of the times? This stock is up 2700% this week after initiating an Ethereum buying strategy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 30 2025
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Source: SeekingAlpha
SharpLink Gaming's Strategic Shift: SharpLink Gaming (NASDAQ: SBET) announced a $425 million private placement to fund an Ethereum-focused treasury strategy, leading to a significant increase in its stock price by over 2700% in just one week.
Ethereum Market Performance: Ethereum (ETH) has seen a 4.4% increase in value over the past week, with various ETFs available for investors looking to capitalize on its growth alongside the recent surge in interest from companies like SharpLink Gaming.
Analyst Views on BTF
Wall Street analysts forecast BTF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BTF is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 5.335
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Current: 5.335
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
