SharpLink Gaming, Inc. (NASDAQ: SBET) has announced a $1.5 billion share repurchase program, approved by its board of directors, to optimize capital allocation and enhance market performance. As one of the largest corporate holders of Ethereum, SharpLink aims to support the Ethereum ecosystem's adoption while maintaining the value of its shares. The buyback plan is designed to prevent dilution of Ethereum's value by repurchasing shares if the company's stock price falls below the net asset value of its Ethereum holdings. Purchases will be conducted through open market transactions, private negotiations, or other legal methods, contingent on market conditions, stock price, and trading volume. The program is flexible and may be suspended or terminated at any time.