📅 October 21 | New York, USA
The giant Sharplink is once again shaking the financial board. In the midst of market volatility, the company announced the acquisition of an additional $75 million in Ethereum (ETH), consolidating one of the largest corporate treasuries in the crypto world: almost 860,000 ETH, valued at more than $2.4 billion at the current price.
📖 According to The Block, Sharplink, the firm known for its decentralized data infrastructure and financial analytics, increased its Ethereum holdings by 10% during the last quarter. The purchase of $75 million in ETH is part of a broader expansion of its digital treasury strategy, which seeks to balance liquidity in traditional and crypto assets.
With this new acquisition, Sharplink reaches almost 860,000 ETH on its balance sheet, which positions it as one of the largest institutional holders of the token, even surpassing several specialized funds. The company justified the operation by pointing out “confidence in the Ethereum infrastructure as the backbone of the Web3 economy” and highlighting the solidity of the ecosystem after the mass adoption of liquid staking solutions and institutional tokenization.
Sharplink's decision also comes at a time when technology corporations are beginning to reconfigure their reserve strategies, incorporating digital assets as a refuge from inflation and the loss of value of the dollar.
Market analysts point out that the move could inspire other companies to follow the same path, similar to the “MicroStrategy effect” that drove massive purchases of Bitcoin years ago.
Topic Opinion:
It is no longer just about financial innovation: it is a declaration of confidence in the Ethereum infrastructure as the engine of the new digital economic system.
💬 Do you think more companies will follow Sharplink's example and move part of their treasury to Ethereum?
Leave your comment...