Shapelink Gaming (SBET), a Nasdaq-listed company, continues to demonstrate its commitment to Ethereum (ETH) by acquiring an additional 5,989 ETH, valued at $14.47 million. According to AmberCN, the purchase was facilitated through Galaxy Digital. This latest acquisition brings Shapelink's total ETH holdings to 194,000. The average purchase price per ETH stands at $2,611. While the company currently faces an unrealized loss of approximately $36 million based on current market prices, Shapelink's long-term strategy suggests confidence in Ethereum's future potential. This strategic reserve of Ethereum positions Shapelink to potentially capitalize on future growth in the blockchain gaming and cryptocurrency space. Their continued investment signals a strong belief in the underlying technology and its potential for widespread adoption. ```