$ETH SharpLink Gaming, the largest public company with Ethereum as its main treasury asset, has increased its cryptocurrency reserves. From June 28 to July 4, 2025, the firm acquired an additional 7,689 ETH at an average price of $2,501 per coin, including all fees and expenses. As a result, the total reserve at SharpLink reached 205,634 units, strengthening the company's position in digital finance.
To carry out these purchases, SharpLink raised approximately $64 million under the At-The-Market (ATM) program, selling nearly 5.5 million shares. Of this amount, $37.2 million was received on July 3 and has not yet been allocated for the purchase of Ethereum. The company's management notes that the majority of funds will be invested in ETH already this week.
All of SharpLink's Ethereum is engaged in staking and restaking protocols. Just in the last week, the company received about 100 coins as rewards, and since the start of the program on June 2, it has received 322 pieces. This result allows for optimizing the yield of digital assets without selling them.
The chairman of the board of directors of SharpLink and co-founder of Ethereum, Joseph Lubin, stated that the company's success is the result of a well-thought-out ETH treasury strategy and transparency with shareholders. He noted that the company sets a new standard for public companies in the digital asset space. SharpLink Gaming is registered in Minneapolis and trades on Nasdaq under the ticker SBET. The company is actively implementing solutions on the Ethereum blockchain, believing that blockchain is the foundation of future digital assets and smart contracts.
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