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SharpLinkGaming

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“SHARPLINK GAMING Just Bought ETH — What’s Cooking? 🎮🔥” 🚨 Big Move in Crypto-Gaming! Shaarplink Gaming just loaded up on Ethereum — signaling their next big Web3 expansion plan. 🎮 Why it matters: • Ethereum is the backbone of Web3 gaming ecosystems • More gaming firms buying ETH = bullish for blockchain gaming infrastructure • Could this fuel the next altseason pump? 👀 📊 $ETH currently holding steady at $ 2966 — watch for breakout levels around . Might retest pivot on 1hr time frame. Wait and watch🎯$ETH #CPIWatch #SharpLinkGaming #Ethereum {spot}(ETHUSDT)
“SHARPLINK GAMING Just Bought ETH — What’s Cooking? 🎮🔥”

🚨 Big Move in Crypto-Gaming!
Shaarplink Gaming just loaded up on Ethereum — signaling their next big Web3 expansion plan.

🎮 Why it matters:
• Ethereum is the backbone of Web3 gaming ecosystems
• More gaming firms buying ETH = bullish for blockchain gaming infrastructure
• Could this fuel the next altseason pump? 👀

📊 $ETH currently holding steady at $ 2966 — watch for breakout levels around .
Might retest pivot on 1hr time frame. Wait and watch🎯$ETH
#CPIWatch #SharpLinkGaming #Ethereum
Pump to 3200🚀
Pump to 4000🚀
Dump to 2800🚨
23 hr(s) left
🚨 SharpLink Gaming Overtakes Ethereum Foundation in ETH Holdings! 📢 In a major power move, SharpLink Gaming has officially become the largest holder of Ethereum, surpassing even the Ethereum Foundation itself. 📊 Holdings: 270,000 ETH 💰 Unrealized Profits: $81M+ 📈 Weekly ETH Surge: +18% 🔥 This Nasdaq-listed firm made aggressive purchases over the weekend, riding the wave of Ethereum’s strong rally and reinforcing growing institutional confidence in ETH. 🌐 As the line between gaming, blockchain, and traditional markets continues to blur, SharpLink’s strategic bet could signal a paradigm shift in how corporations approach digital assets. #Ethereum #SharpLinkGaming #CryptoNews #DigitalAssets #InstitutionalAdoption https://coingape.com/sharplink-gaming-overtakes-ethereum-foundation-as-largest-eth-holder/?utm_source=bnb&utm_medium=coingape
🚨 SharpLink Gaming Overtakes Ethereum Foundation in ETH Holdings!
📢 In a major power move, SharpLink Gaming has officially become the largest holder of Ethereum, surpassing even the Ethereum Foundation itself.
📊 Holdings: 270,000 ETH
💰 Unrealized Profits: $81M+
📈 Weekly ETH Surge: +18%
🔥 This Nasdaq-listed firm made aggressive purchases over the weekend, riding the wave of Ethereum’s strong rally and reinforcing growing institutional confidence in ETH.
🌐 As the line between gaming, blockchain, and traditional markets continues to blur, SharpLink’s strategic bet could signal a paradigm shift in how corporations approach digital assets.
#Ethereum #SharpLinkGaming #CryptoNews #DigitalAssets #InstitutionalAdoption
https://coingape.com/sharplink-gaming-overtakes-ethereum-foundation-as-largest-eth-holder/?utm_source=bnb&utm_medium=coingape
Sharplink Gaming has acquired 16,374 $ETH valued at $48.85 million. Momentum is building. A $4K Ethereum could arrive sooner than expected. #SharpLinkGaming {spot}(ETHUSDT)
Sharplink Gaming has acquired 16,374 $ETH valued at $48.85 million.

Momentum is building. A $4K Ethereum could arrive sooner than expected.
#SharpLinkGaming
💰🚀 SharpLink Gaming Goes All In — Adds 21,487 $ETH via Galaxy & Coinbase Prime! 🚀💰 In another bold crypto play, SharpLink Gaming just ramped up its Ethereum exposure in a major way: 📥 +21,487 ETH added through Galaxy and Coinbase Prime 📊 Now holding a massive 253,000 ETH in total — worth over $740 million at current prices! What does this signal? 🔹 Growing institutional conviction in Ethereum’s future 🔹 Strategic accumulation during market consolidation 🔹 Positioning for ETH-based innovation: DeFi, RWAs, AI, Layer 2s Smart money isn’t just buying — it’s scaling in heavy. Are you watching… or stacking? #Ethereum #ETH #SharpLinkGaming #GalaxyDigital #SmartMoneyMovesn
💰🚀 SharpLink Gaming Goes All In — Adds 21,487 $ETH via Galaxy & Coinbase Prime! 🚀💰

In another bold crypto play, SharpLink Gaming just ramped up its Ethereum exposure in a major way:

📥 +21,487 ETH added through Galaxy and Coinbase Prime
📊 Now holding a massive 253,000 ETH in total — worth over $740 million at current prices!

What does this signal?

🔹 Growing institutional conviction in Ethereum’s future
🔹 Strategic accumulation during market consolidation
🔹 Positioning for ETH-based innovation: DeFi, RWAs, AI, Layer 2s

Smart money isn’t just buying — it’s scaling in heavy.

Are you watching… or stacking?

#Ethereum #ETH #SharpLinkGaming #GalaxyDigital #SmartMoneyMovesn
🚨💼 SharpLink Gaming Buys $49M in $ETH as Price Surges Past $3,000! 🔥📈 In a bold move that signals growing institutional confidence, SharpLink Gaming — a NASDAQ-listed sportsbook marketing firm — has just acquired nearly $49 million worth of Ethereum on a Sunday buy. 😳💰 Here’s why this is HUGE: 🔹 SharpLink is now among the first publicly traded Web2 firms going big on $ETH 🔹 The purchase comes right as $ETH breaks above $3,000, hinting at more upside 🔹 Could spark a wave of FOMO from other traditional companies This isn’t just a crypto bet — it’s a vote of confidence in Ethereum’s role in the future of finance, gaming, and beyond. 🎮📊 TradFi is waking up. Are you already in? #Ethereum #ETH #SharpLinkGaming #Web3 #ETHETFsApproved
🚨💼 SharpLink Gaming Buys $49M in $ETH as Price Surges Past $3,000! 🔥📈

In a bold move that signals growing institutional confidence, SharpLink Gaming — a NASDAQ-listed sportsbook marketing firm — has just acquired nearly $49 million worth of Ethereum on a Sunday buy. 😳💰

Here’s why this is HUGE:

🔹 SharpLink is now among the first publicly traded Web2 firms going big on $ETH
🔹 The purchase comes right as $ETH breaks above $3,000, hinting at more upside
🔹 Could spark a wave of FOMO from other traditional companies

This isn’t just a crypto bet — it’s a vote of confidence in Ethereum’s role in the future of finance, gaming, and beyond. 🎮📊

TradFi is waking up. Are you already in?

#Ethereum #ETH #SharpLinkGaming #Web3 #ETHETFsApproved
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Bullish
🚨 BREAKING NEWS! 🎮 Sharplink Gaming just made a major move — they’ve scooped up 16,374 $ETH , worth a staggering $48.85 MILLION! 💰🔥 📈 This massive buy signals growing confidence in Ethereum’s future. 💎 With momentum building, that $4,000 ETH target might hit sooner than we think! ⏳ Don’t blink — the bull is charging! 🐂🚀 #Ethereum #ETH #CryptoNewss #Bullrun #SharplinkGaming {future}(ETHUSDT)
🚨 BREAKING NEWS!

🎮 Sharplink Gaming just made a major move — they’ve scooped up 16,374 $ETH , worth a staggering $48.85 MILLION! 💰🔥

📈 This massive buy signals growing confidence in Ethereum’s future.

💎 With momentum building, that $4,000 ETH target might hit sooner than we think!

⏳ Don’t blink — the bull is charging! 🐂🚀

#Ethereum #ETH #CryptoNewss #Bullrun #SharplinkGaming
Ethereum Foundation Offloads 10,000 ETH: Here's the Bullish Twist You Might Have Missed! 👀 Recent reports show the Ethereum Foundation selling 10,000 ETH, stirring initial whispers. But dig a little deeper, and the picture becomes much more bullish! This significant amount of ETH wasn't just "dumped" on the open market. Instead, it was a strategic over-the-counter (OTC) sale to SharpLink Gaming, a publicly traded company now making Ethereum its primary treasury reserve asset! 🤯 This isn't just about funding operations; it's a massive vote of confidence from a traditional company integrating ETH into its long-term financial strategy. SharpLink's Chairman, Joseph Lubin (also an Ethereum co-founder), emphasized this isn't a trade, but a commitment to staking and restaking ETH, further supporting network decentralization and reducing circulating supply. This move signifies: Growing Institutional Adoption: More traditional companies are looking at ETH beyond just speculation. Strategic Treasury Management: Companies are actively using ETH as a core asset, akin to what we've seen with Bitcoin. Decentralization Support: Staking commitments bolster the network's security and stability. What are your thoughts on this strategic maneuver and the growing institutional interest in Ethereum? Let us know below! 👇 #ETH #SharpLinkGaming #InstitutionalAdoption #DeFi $ETH
Ethereum Foundation Offloads 10,000 ETH: Here's the Bullish Twist You Might Have Missed! 👀

Recent reports show the Ethereum Foundation selling 10,000 ETH, stirring initial whispers. But dig a little deeper, and the picture becomes much more bullish!

This significant amount of ETH wasn't just "dumped" on the open market. Instead, it was a strategic over-the-counter (OTC) sale to SharpLink Gaming, a publicly traded company now making Ethereum its primary treasury reserve asset! 🤯

This isn't just about funding operations; it's a massive vote of confidence from a traditional company integrating ETH into its long-term financial strategy. SharpLink's Chairman, Joseph Lubin (also an Ethereum co-founder), emphasized this isn't a trade, but a commitment to staking and restaking ETH, further supporting network decentralization and reducing circulating supply.

This move signifies:

Growing Institutional Adoption: More traditional companies are looking at ETH beyond just speculation.

Strategic Treasury Management: Companies are actively using ETH as a core asset, akin to what we've seen with Bitcoin.

Decentralization Support: Staking commitments bolster the network's security and stability.

What are your thoughts on this strategic maneuver and the growing institutional interest in Ethereum? Let us know below! 👇

#ETH #SharpLinkGaming #InstitutionalAdoption #DeFi $ETH
$LDO Breaking!!! The biggest ETH holder @Sharplinkgaming is using LDO!!! And Thinking to add more!!! LDO is much undervalued!!! Fair value even now is $2 an $10 soon Short sqeeze is imminent! #SharpLinkGaming #eth #LDO
$LDO Breaking!!!
The biggest ETH holder @Sharplinkgaming is using LDO!!!
And Thinking to add more!!!

LDO is much undervalued!!!

Fair value even now is $2 an $10 soon
Short sqeeze is imminent!

#SharpLinkGaming
#eth
#LDO
See original
ETHEREUM FOUNDATION SELLS 10,000 ETH TO SHARPLINK: TREASURY DIVERSIFICATION STRATEGY The Ethereum Foundation has completed a historic sale of 10,000 ETH to SharpLink Gaming for $25.7 million, at a price of $2,572.37 per ETH on July 10, 2025. This OTC transaction represents the first direct acquisition of ETH by a publicly traded company from the Foundation. The sale falls under the routine treasury adjustments strategy of the Ethereum Foundation, which periodically liquidates part of its ETH reserves to diversify its portfolio and fund the development of the Ethereum ecosystem. These operations allow the Foundation to maintain financial stability and reduce exposure to ETH volatility. For SharpLink Gaming, a company listed on Nasdaq with the symbol SBET, the purchase consolidates its position as the largest public company to adopt Ethereum as the main reserve asset of its treasury. The company will use the ETH for replenishment and restoration, with a long-term perspective. This transaction demonstrates the growing institutional confidence in Ethereum and could signal a trend of corporate adoption of cryptocurrencies as a strategic store of value. #ETH #SharpLinkGaming #EthereumFoundation
ETHEREUM FOUNDATION SELLS 10,000 ETH TO SHARPLINK: TREASURY DIVERSIFICATION STRATEGY

The Ethereum Foundation has completed a historic sale of 10,000 ETH to SharpLink Gaming for $25.7 million, at a price of $2,572.37 per ETH on July 10, 2025. This OTC transaction represents the first direct acquisition of ETH by a publicly traded company from the Foundation.
The sale falls under the routine treasury adjustments strategy of the Ethereum Foundation, which periodically liquidates part of its ETH reserves to diversify its portfolio and fund the development of the Ethereum ecosystem. These operations allow the Foundation to maintain financial stability and reduce exposure to ETH volatility.
For SharpLink Gaming, a company listed on Nasdaq with the symbol SBET, the purchase consolidates its position as the largest public company to adopt Ethereum as the main reserve asset of its treasury. The company will use the ETH for replenishment and restoration, with a long-term perspective.
This transaction demonstrates the growing institutional confidence in Ethereum and could signal a trend of corporate adoption of cryptocurrencies as a strategic store of value.
#ETH
#SharpLinkGaming
#EthereumFoundation
See original
SharpLink Purchases 10,000 ETH: Stocks Soar, Is Ethereum Still 'Safe'? Stock #SharpLinkGaming has surged after the company announced the purchase of 10,000 ETH (approximately 30 million USD) directly from the Ethereum Foundation. 📌 Key Points: This transaction was conducted via an OTC (over-the-counter) deal, so the amount $ETH sold did not flow into the open market — avoiding immediate selling pressure on ETH prices. According to the Ethereum Foundation, this ETH was sold at a price of about 2,600 USD/ETH, amidst ETH recently crossing the 3,000 USD mark for the first time in 5 months. Some Twitter users believe this is a 'creative way' for the Foundation to maintain funding for research while avoiding significant price fluctuations for ETH. 📈 SharpLink's stock has risen over 70% this week, reaching nearly 20 USD, thanks to this news and the price increase of ETH. SharpLink currently holds around 215,000 ETH (~644 million USD), second only to the Ethereum Foundation. 🎯 Notably, SharpLink was previously a sports betting marketing company, but has pivoted to become a large-scale ETH holding fund, aiming to maximize assets for shareholders. Mr. Joe Lubin — co-founder of Ethereum and CEO of Consensys — is directly leading this strategy. 👉 With this new move, SharpLink asserts its ambition to become a large 'vault' for ETH, leveraging DeFi and staking for long-term profitability. #anhbacong {future}(ETHUSDT) {spot}(BNBUSDT) {spot}(USDCUSDT)
SharpLink Purchases 10,000 ETH: Stocks Soar, Is Ethereum Still 'Safe'?

Stock #SharpLinkGaming has surged after the company announced the purchase of 10,000 ETH (approximately 30 million USD) directly from the Ethereum Foundation.

📌 Key Points:

This transaction was conducted via an OTC (over-the-counter) deal, so the amount $ETH sold did not flow into the open market — avoiding immediate selling pressure on ETH prices.

According to the Ethereum Foundation, this ETH was sold at a price of about 2,600 USD/ETH, amidst ETH recently crossing the 3,000 USD mark for the first time in 5 months.

Some Twitter users believe this is a 'creative way' for the Foundation to maintain funding for research while avoiding significant price fluctuations for ETH.

📈 SharpLink's stock has risen over 70% this week, reaching nearly 20 USD, thanks to this news and the price increase of ETH. SharpLink currently holds around 215,000 ETH (~644 million USD), second only to the Ethereum Foundation.

🎯 Notably, SharpLink was previously a sports betting marketing company, but has pivoted to become a large-scale ETH holding fund, aiming to maximize assets for shareholders. Mr. Joe Lubin — co-founder of Ethereum and CEO of Consensys — is directly leading this strategy.

👉 With this new move, SharpLink asserts its ambition to become a large 'vault' for ETH, leveraging DeFi and staking for long-term profitability. #anhbacong

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Bullish
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Bullish
#ETH SharpLink Gaming just made a massive move, acquiring 10,000 ETH directly from the Ethereum Foundation for $25.7M! This boosts their treasury to over $558M, solidifying their position as the second-largest Ether holder. Big news for #ETH #SharpLinkGaming {spot}(ETHUSDT)
#ETH
SharpLink Gaming just made a massive move, acquiring 10,000 ETH directly from the Ethereum Foundation for $25.7M! This boosts their treasury to over $558M, solidifying their position as the second-largest Ether holder. Big news for #ETH #SharpLinkGaming
soniyaakther:
wow
Sharplink Gaming just bought 10,000 ETH — directly from the Ethereum Foundation 👀 🗓️ Closed on July 10 💰 Avg price: $2,572.37 📊 Current ETH price: $3,100+ 📈 Unrealized gain: $50M+ Sharplink, dubbed the "MicroStrategy of ETH", now holds over 210K ETH (~$6B). 🤝 Direct OTC deal with Ethereum Foundation — rare & notable. 📤 EF selling ETH again? 📥 Institutional whales doubling down? Bullish signal or something deeper? #Ethereum #SharplinkGaming
Sharplink Gaming just bought 10,000 ETH — directly from the Ethereum Foundation 👀

🗓️ Closed on July 10

💰 Avg price: $2,572.37

📊 Current ETH price: $3,100+

📈 Unrealized gain: $50M+

Sharplink, dubbed the "MicroStrategy of ETH", now holds over 210K ETH (~$6B).

🤝 Direct OTC deal with Ethereum Foundation — rare & notable.

📤 EF selling ETH again?

📥 Institutional whales doubling down?

Bullish signal or something deeper?

#Ethereum #SharplinkGaming
pkr to dollars king gujjar:
😌😌
See original
MASTER STROKE in Ethereum! SharpLink purchases $25.7 MILLION in ETH from the Ethereum Foundation #SharpLinkGaming (SBET), a company listed on Nasdaq, has made a significant strategic acquisition in the Ethereum ecosystem, buying 10,000 ETH directly from the Ethereum Foundation for $25.7 million. This transaction, closed on July 10 at a price of $2,572.37 per #ETH deepens what is already the second-largest ETH treasury held by a public entity. With this latest over-the-counter (OTC) purchase, the total holdings of #Ethereum of #SharpLink amount to approximately 215,634 ETH, with an estimated value of $558 million at current prices, according to data from DefiLlama. Beyond simply bolstering its corporate treasury, SharpLink claims that this action actively seeks to support the long-term strength and decentralization of Ethereum, the leading asset in the DeFi space. Joseph Lubin, president of SharpLink and co-founder of Ethereum, highlighted: "SharpLink is acquiring, staking, and re-staking ETH as responsible stewards of the industry, removing supply from circulation and reinforcing the health of the Ethereum ecosystem." This suggests that the acquired ETH will not only be held but will be actively used in staking to secure the network. #Ethereum✅ $ETH {spot}(ETHUSDT)
MASTER STROKE in Ethereum!

SharpLink purchases $25.7 MILLION in ETH from the Ethereum Foundation

#SharpLinkGaming (SBET), a company listed on Nasdaq, has made a significant strategic acquisition in the Ethereum ecosystem, buying 10,000 ETH directly from the Ethereum Foundation for $25.7 million.

This transaction, closed on July 10 at a price of $2,572.37 per #ETH deepens what is already the second-largest ETH treasury held by a public entity.

With this latest over-the-counter (OTC) purchase, the total holdings of #Ethereum of #SharpLink amount to approximately 215,634 ETH, with an estimated value of $558 million at current prices, according to data from DefiLlama.

Beyond simply bolstering its corporate treasury, SharpLink claims that this action actively seeks to support the long-term strength and decentralization of Ethereum, the leading asset in the DeFi space. Joseph Lubin, president of SharpLink and co-founder of Ethereum, highlighted: "SharpLink is acquiring, staking, and re-staking ETH as responsible stewards of the industry, removing supply from circulation and reinforcing the health of the Ethereum ecosystem."

This suggests that the acquired ETH will not only be held but will be actively used in staking to secure the network.
#Ethereum✅ $ETH
🚀 SharpLink Gaming Doubles Down on Ethereum—Now Holds 205,634 ETH! 🌐 In a bold move that’s turning heads across both Wall Street and Web3, SharpLink Gaming has added 7,689 ETH to its growing crypto treasury—spending $19.2 million to expand its position. 🔹 New Total: 205,634 ETH—cementing its status as the largest corporate holder of Ethereum 🔹 Market Impact: SBET stock surged 12% following the announcement 🔹 Strategy: An aggressive long-term bet on Ethereum’s dominance in the future of digital finance 📢 As institutions continue to eye blockchain opportunities, SharpLink is setting the tone for how publicly traded companies can leverage digital assets to gain both strategic and market advantages. #Ethereum #SharpLinkGaming #CryptoNews #DigitalAssets #Blockchain https://coingape.com/sharplink-gaming-expands-ethereum-treasury-to-205634-eth-sbet-stock-surges-12/?utm_source=bnb&utm_medium=coingape
🚀 SharpLink Gaming Doubles Down on Ethereum—Now Holds 205,634 ETH!
🌐 In a bold move that’s turning heads across both Wall Street and Web3, SharpLink Gaming has added 7,689 ETH to its growing crypto treasury—spending $19.2 million to expand its position.
🔹 New Total: 205,634 ETH—cementing its status as the largest corporate holder of Ethereum
🔹 Market Impact: SBET stock surged 12% following the announcement
🔹 Strategy: An aggressive long-term bet on Ethereum’s dominance in the future of digital finance
📢 As institutions continue to eye blockchain opportunities, SharpLink is setting the tone for how publicly traded companies can leverage digital assets to gain both strategic and market advantages.
#Ethereum #SharpLinkGaming #CryptoNews #DigitalAssets #Blockchain
https://coingape.com/sharplink-gaming-expands-ethereum-treasury-to-205634-eth-sbet-stock-surges-12/?utm_source=bnb&utm_medium=coingape
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Bullish
#CMC Spotlight | 9 Jul 2025 Let's break down today's top stories: Pakistan just created the Pakistan Virtual Assets Regulatory Authority to oversee their entire digital asset sector - What's driving this sudden regulatory push despite IMF opposition? #metaplanet plans to use their Bitcoin holdings as collateral to acquire businesses, starting with a digital bank in Japan - What's their plan behind Bitcoin acquisition strategy? #SharpLinkGaming reached $527 million in Ethereum holdings after buying another 7,689 ETH last week - But what's different about their buying strategy? Bitcoin volatility dropped to historical lows while trading 2% below its all-time high - Could this quiet period explode again? #VitalikButerin announced he's advocating for "copyleft" licensing across crypto projects - What could be the impact of this new licensing on crypto development? $BTC $ETH
#CMC Spotlight | 9 Jul 2025

Let's break down today's top stories:

Pakistan just created the Pakistan Virtual Assets Regulatory Authority to oversee their entire digital asset sector - What's driving this sudden regulatory push despite IMF opposition?

#metaplanet plans to use their Bitcoin holdings as collateral to acquire businesses, starting with a digital bank in Japan - What's their plan behind Bitcoin acquisition strategy?

#SharpLinkGaming reached $527 million in Ethereum holdings after buying another 7,689 ETH last week - But what's different about their buying strategy?

Bitcoin volatility dropped to historical lows while trading 2% below its all-time high - Could this quiet period explode again?

#VitalikButerin announced he's advocating for "copyleft" licensing across crypto projects - What could be the impact of this new licensing on crypto development?

$BTC $ETH
#CMC Spotlight | 9 Jul 2025 Let's break down today's top stories: Pakistan just created the Pakistan Virtual Assets Regulatory Authority to oversee their entire digital asset sector - What's driving this sudden regulatory push despite IMF opposition? #metaplanet plans to use their Bitcoin holdings as collateral to acquire businesses, starting with a digital bank in Japan - What's their plan behind Bitcoin acquisition strategy? #SharpLinkGaming reached $527 million in Ethereum holdings after buying another 7,689 ETH last week - But what's different about their buying strategy? Bitcoin volatility dropped to historical lows while trading 2% below its all-time high - Could this quiet period explode again? #VitalikButerin announced he's advocating for "copyleft" licensing across crypto projects - What could be the impact of this new licensing on crypto development? $BTC $ETH
#CMC Spotlight | 9 Jul 2025

Let's break down today's top stories:

Pakistan just created the Pakistan Virtual Assets Regulatory Authority to oversee their entire digital asset sector - What's driving this sudden regulatory push despite IMF opposition?

#metaplanet plans to use their Bitcoin holdings as collateral to acquire businesses, starting with a digital bank in Japan - What's their plan behind Bitcoin acquisition strategy?

#SharpLinkGaming reached $527 million in Ethereum holdings after buying another 7,689 ETH last week - But what's different about their buying strategy?
Bitcoin volatility dropped to historical lows while trading 2% below its all-time high - Could this quiet period explode again?

#VitalikButerin announced he's advocating for "copyleft" licensing across crypto projects - What could be the impact of this new licensing on crypto development?

$BTC $ETH
See original
SharpLink Gaming's stock surges as the company increases its Ethereum holdings to $527 million Shares of #SharpLinkGaming (NASDAQ: SBET) rose nearly 26% after the company announced it continued to purchase Ethereum (ETH), raising its total ETH holdings to 205,634 ETH, worth over $527 million. This makes SharpLink the world's largest publicly traded company using Ethereum as its primary reserve asset in its treasury. Ethereum-based treasury strategy SharpLink Gaming, a gaming marketing company, has purchased an additional 7,689 $ETH at an average price of $2,501/ETH from June 28 to July 4. The company began buying ETH in May, following the model of Strategy (formerly MicroStrategy) – a company that has accumulated Bitcoin to increase value for shareholders. Joe Lubin, Chairman of the Board of SharpLink, co-founder of Ethereum and CEO of Consensys, stated that this strategy aims to "maximize long-term value for shareholders" and "set a new standard for responsible digital asset management in today's public markets." SharpLink has also introduced a new metric called "ETH Concentration" to enhance transparency regarding the stock's exposure to ETH. All of SharpLink's ETH is committed to staking and restaking protocols to optimize profits. The trend of Nasdaq-listed companies incorporating cryptocurrency into their balance sheets is increasing, with many smaller companies also purchasing assets such as Bitcoin, Ethereum, Solana, and $XRP , often achieving significant short-term stock price increases. Source: #Decrypt {future}(BTCUSDT) {spot}(BNBUSDT) {future}(SOLUSDT)
SharpLink Gaming's stock surges as the company increases its Ethereum holdings to $527 million

Shares of #SharpLinkGaming (NASDAQ: SBET) rose nearly 26% after the company announced it continued to purchase Ethereum (ETH), raising its total ETH holdings to 205,634 ETH, worth over $527 million. This makes SharpLink the world's largest publicly traded company using Ethereum as its primary reserve asset in its treasury.

Ethereum-based treasury strategy

SharpLink Gaming, a gaming marketing company, has purchased an additional 7,689 $ETH at an average price of $2,501/ETH from June 28 to July 4. The company began buying ETH in May, following the model of Strategy (formerly MicroStrategy) – a company that has accumulated Bitcoin to increase value for shareholders.
Joe Lubin, Chairman of the Board of SharpLink, co-founder of Ethereum and CEO of Consensys, stated that this strategy aims to "maximize long-term value for shareholders" and "set a new standard for responsible digital asset management in today's public markets." SharpLink has also introduced a new metric called "ETH Concentration" to enhance transparency regarding the stock's exposure to ETH. All of SharpLink's ETH is committed to staking and restaking protocols to optimize profits.
The trend of Nasdaq-listed companies incorporating cryptocurrency into their balance sheets is increasing, with many smaller companies also purchasing assets such as Bitcoin, Ethereum, Solana, and $XRP , often achieving significant short-term stock price increases.
Source: #Decrypt

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