- Entry
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- Final
- $0.00003664
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Since I am already invested in Ethereum with Grayscale Ethereum Mini Trust ETF (ETH), I swapped some of that into SBET, to me this is a bet on mean reversion, does not add any Ethereum beta, for me. # The opportunity https://preview.redd.it/qyve9dxk7lag1.png?width=1567&format=png&auto=webp&s=871b9e3ab02e17f9aee7b6189d4fee2be2ced9ae The stock is trading at around \~26% discount against it's NAV, I'm not using the enterprise value because the company literally just hold and stake Ethereum. This mean there is a 36.3% potential upside to Ethereum. The staking …
— ORIGINAL POST ·
A Boring Value Bet: $115K in SBET (SharpLink Gaming Inc) (26% Discoutn on NAV)
· r/wallstreetbets
· Dec 31, 2025