SharpLink acquired 10,000 $ETH in Ethereum Foundation

The marketing company SharpLink Gaming, which is the largest public owner of Ethereum, acquired 10,000 ETH from the Ethereum Foundation. The firm spent $25.72 million on this deal, with the price of 1 ETH in the purchase being $2572.37.

The chairman of the board of directors of SharpLink, co-founder of Ethereum and CEO of Consensys Joseph Lubin noted that this is not just a trade, but a commitment by the company to its own long-term vision. According to him, SharpLink buys, stakes, and restakes ETH as a responsible participant in the industry, removing coins from circulation and strengthening the Ethereum ecosystem.