280,706 $ETH in Treasury – Here’s Why Everyone’s Watching
SharpLink Gaming (SBET) is now the biggest corporate holder of $ETH , beating even the Ethereum Foundation itself 😮. After scooping up 74,656 ETH last week for $156M, the Nasdaq-listed firm now holds 280,706 ETH—worth a cool $858M at today’s prices.
Where’s the money coming from? An at-the-market share sale raised $413M, and they’re not done—$257M still locked and loaded for more ETH buys. SBET stock? 🚀 Up 10% on the news.
But here’s the wild twist: 99.7% staked, already earning 415 ETH in rewards 🤯. The move puts SharpLink ahead of BitMine, Bit Digital & other ETH-chasing firms aiming to lead the Web3 treasury race.
ETH is the new gold? SharpLink thinks so. And with Joseph Lubin (Ethereum co-founder) as chairman, they’re not playing small.
Agree with the $ETH maxi move or too risky? Drop your hot take below! 👇
#Ethereum #ETH #SharpLink #CryptoTreasury #BinanceSquare #Web3 #CryptoNews
