Recently, the Crypto Assets market has seen an intriguing case involving a company named SharpLink. This company transformed a nearly bankrupt US stock shell company into a Crypto Assets concept stock through a series of carefully designed operations, attracting widespread attention from the market.

Analysis shows that there are several aspects of SharpLink's operating model that warrant caution:

First, the company utilized a shell company in the US stock market with a market capitalization of only 2 million dollars and injected 200,000 Ethereum. This operation led to a significant increase in the company's stock price, with investors offering a 5-fold premium, demonstrating the market's excessive enthusiasm for the Crypto Assets concept.

Secondly, SharpLink promoted an impressive staking return rate, claiming an annual yield of over 60%. However, upon closer examination, it was found that the rewards actually offered by the company are severely disproportionate to its market value. Specifically, the reward of 322 Ethereum (approximately $820,000) is merely a drop in the bucket compared to the company's $2.5 billion market value.

Finally, there are significant hidden risks in the company's stock liquidity. The average daily trading volume is only 75,000 shares, while 97% of the shares held by major shareholders are locked for three years. This means that even if the stock price skyrockets, most investors will struggle to realize their profits.

Behind this series of operations, it is essentially leveraging the popularity of Crypto Assets such as Ethereum to attract the attention and funds of US stock investors. For ordinary investors, the wisest course of action is to remain vigilant, observe carefully, and avoid falling into such high-risk investment traps.

In the rapid development of the Crypto Assets market, cases similar to SharpLink may continue to emerge. Investors need to stay vigilant and conduct in-depth research on the company's fundamentals, rather than blindly following market trends. Only in this way can they protect their investment interests in this market full of opportunities and risks.