SharpLink Gaming just dropped a casual $118.8M on 32,892 $ETH 🤑—yep, in one day.
The Nasdaq-listed company (ticker $SBET) isn’t slowing down. They grabbed 18,712 ETH from Galaxy Digital, then scooped 14,180 more from Coinbase Prime. That’s 353,000+ $ETH total now—more than the Ethereum Foundation itself 🤯.
Why the rush? SharpLink just updated its SEC filing to raise $6B in stock sale capacity—maybe to keep gobbling $ETH while it’s still under $4K. 👀
ETH is up 8% in 24H, trading at $3,605. Meanwhile, $SBET stock dipped -2.6% Thursday… but it’s still up nearly 374% this year! 📈
iGaming firm → ETH whale? SharpLink is rewriting the corporate playbook. Is this just the start of a new ETH arms race?
Agree? Think they’re overexposed? Drop your hot take below! 👇
#ETH #SharpLink #Crypto #BinanceSquare #Web3 #Ethereum #CryptoNews
