PANews, July 8 - SharpLink Gaming (NASDAQ: SBET) announced that as of July 4, 2025, the company has newly acquired 7,689 Ethereum (ETH) at an average price of $2,501 per coin, increasing its total holdings to 205,634 coins. Additionally, SharpLink raised $64 million through its ATM financing tool from June 28 to July 4, of which $37.2 million will be used this week for further ETH purchases. So far, SharpLink has staked all ETH in staking and re-staking agreements, and since initiating this strategy on June 2, it has earned a total of 322 ETH staking rewards. Furthermore, the company has launched the 'ETH Concentration' metric, which reflects the number of ETH corresponding to every thousand diluted shares, and this metric has currently increased to 2.37 coins.
