While most people are focused on Bitcoin ETFs, #SharpLink Gaming is quietly stacking Ethereum — and they’re doing it big.
What’s going on?
SharpLink just bought another 4,904 $ETH (worth around $17.45 million) through Coinbase Prime.
That brings their total ETH holdings to around 358,000 ETH.
Even crazier — 99.7% of it is staked, earning passive income.
They’re not just holding — they’re fully committed.
Why this matters now
#ETH is picking up momentum again, both in price and on-chain activity.
Institutions are slowly turning to Ethereum, not just Bitcoin.
SharpLink is raising $6 billion in equity to buy even more ETH.
This looks a lot like what MicroStrategy did with Bitcoin — but for ETH.
The Big Picture
🟢 358,000 ETH = over $1.2 billion
🟢 Most of it is staked and locked away
🟢 They’re not flipping — they’re building an ETH empire
🟢 This reduces available ETH supply, possibly boosting price in the long run
The takeaway
SharpLink’s moves show that big players are betting big on Ethereum.
And if more companies follow, we might see a real ETH supply shock coming.
Save this post if you believe in ETH long-term.
Your thoughts?
Could this be the start of an institutional wave into Ethereum?
Or is this a one-off?
👇 Share your thoughts — bullish or not, let’s talk.