Basically every participant in SBET's private placement filed to dump all their shares less than a month after they announced the ETH Treasury Strategy move.
Shares down over 70% after hours.
Funny that it's an ETH copycat that did this vs the multiple Solanas one or the other Bitcoin ones.
EF-coded
Filing for those that want to read through
h/t @tier10k
sec.gov/Archives/edgar/data/19...…
Ok got some clarification so deleted some tweets.
Matt Corva
@MattCorva
3 days ago
The filing is a standard SEC resale registration statement with all participants shares being registered as part of the registration. It does not reflect any actual sales or anyone's sales being sold (which may or may not happen, I have no idea). But it's a basic registration
Sector:
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