According to BlockBeats, SharpLink Gaming has announced its commitment to maximizing shareholder value by increasing its Ethereum holdings. The company emphasizes transparency by not only reporting the number of issued shares and the amount of Ethereum held but also tracking the 'ETH concentration,' which indicates the amount of Ethereum backing every 1,000 shares of SBET stock.
Since the implementation of its Ethereum treasury strategy, SharpLink Gaming has seen the 'ETH concentration' rise from approximately 2.00 to 3.40, marking a 70% increase. This strategy reflects the company's focus on enhancing shareholder value through strategic cryptocurrency investments.