SharpLink Gaming (@SharpLinkGaming) has continued its Ethereum buying spree, pulling in another 38,606 $ETH worth $147 million, bringing its total haul over the past few days to 77,210 $ETH, valued at $295 million.

Their massive stack now stands at 438,017 $ETH, worth a staggering $1.69 billion

This aggressive accumulation, likely via OTC desks like FalconX and Galaxy Digital, reinforces SharpLink’s position as the largest corporate $ETH holder, with 99.7% of its holdings staked for yield, aligning with their strategy to mirror MicroStrategy’s Bitcoin playbook, as noted in Cryptonews.

What’s your take—is SharpLink Gaming building an unshakeable $ETH fortress, or are they overstacking in a market ripe for volatility?