According to BlockBeats, SharpLink Gaming has announced its status as the largest Ethereum holder among corporate entities. Between July 7 and July 13, the company acquired approximately 74,656 ETH at an average price of $2,852 per coin, amounting to a total investment of around $213 million. Currently, SharpLink Gaming's total holdings have reached approximately 280,706 ETH.
A significant portion, about 99.7%, of these holdings has been staked or re-staked, generating approximately 415 ETH in returns since June 2. This strategic move underscores SharpLink Gaming's commitment to leveraging Ethereum's staking opportunities for potential gains.