*SharpLink Gaming Doubles Down on ETH: Treasury Hits $3.5 Billion 🚀*
SharpLink Gaming, led by Ethereum co-founder Joseph Lubin, just resumed ETH purchases after a 2-month hiatus, buying *19,271 ETH* at $3,892/ETH (avg.). Their total holdings now stand at *859,853 ETH* (~$3.5 billion), solidifying their position as a top Ethereum treasury player.
- *Why It Matters*:
- Raised $76.5M last week (12% premium to NAV) and deployed capital into ETH at attractive prices.
- *Staking Boost*: Earned 5,671 ETH ($22M+) in staking rewards since June 2025.
- *Ethereum Concentration*: Up 100% since June, reflecting aggressive ETH accumulation per share.
*Market Reaction*:
- SBET stock down 2.64% to $14.40 today, but *+440% gains in 6 months*.
- ETH price: $3,988 (+0.8% in 24h). Institutional demand for Ethereum is heating up—BitMine recently acquired 2.7% of ETH’s circulating supply.
*The Bigger Picture*:
- SharpLink isn’t alone: Companies are pivoting to crypto treasuries (CleanCore holds 710M DOGE; BitMine leads with $12B ETH).
- *Strategy*: Lubin’s team focuses on disciplined accumulation, staking, and leveraging DeFi for yield.
*For Binance Users*:
- *Opportunity Watch*: Ethereum’s institutional adoption is growing. Is this a signal for a bigger ETH push?
- *Risk Note*: Crypto markets are volatile. DYOR (Do Your Own Research) before making moves.
Co-CEO Joseph Chalom: _"Disciplined execution and accretive ETH accumulation remain our top objective for shareholder value."_ 💬 #Ethereum #SharpLink #CryptoTreasury #Binance
*Latest Data*: ETH at $3,988; SBET at $14.40. Share your thoughts—do you see more institutional inflows
#floki #Floki🔥🔥 #FLOKİ #MarketPullback #StrategyBTCPurchase $FLOKI
