Sharplink is going to announce a new ATM or revise the current one up by 2-3b in the next 48 hrs. 1) lots of other eth treasury cos (t-co) are coming in and everyone is buying so they will need to burn their cash faster and can't just slowly DCA or it would likely cost them more than just smashing and paying the slippage 2) they have the marketing momentum right now, and can keep gaining/protecting the market share of the eth t-co products. It's mostly a winner take all game and with other competition coming in, they need to raise and acquire eth as fast as humanly possible. If they won't, another will and they will end up losing share in the end. 3) their premium is over 4x NAV. that is such an incredibly rich premium that they have every incentive and reason to do more ATM sales so they can buy more eth. They're currently capped at 1b and have around 25% of their cash remaining. They know all of these points and will therefore have to be raising their atm cap (or a new one) inside the next 48 hrs. The ETH buying isn't going to slow down. Expect massive buying that accelerates over the next 1-2 weeks.