We can see that companies can be as retarded as individuals to believe that it is a good idea to invest into a shitcoin such as ETH and to act as if such shitcoin has any reason to be valuable or even a good idea to hold any of it..
This is a worrying red flag about a company: adding ETH or any shitcoin to their treasury denotes their poor understanding of crypto and finance in general, trying to attract investors money, to the short term benefit of shareholders, rather than the long term value of the company.
Sharplink of other similar firms shall be avoided.
This is greed and ignorance..they know nothing good comes out of holding shitcoins as treasury but they simply wanna risk it all while putting investors interest at risks, isn't that foolishness . We all knows how it ends,in regret and pains. Regrets for not investing in Bitcoin for the long term when they should and the pain of loosing so much money for foolishly investing in a shitcoins.