More companies are heading towards ๐ [Upward Trend] to build reserves of Ethereum $ETH
digital. Over the past thirty days, companies focusing on treasury bonds have acquired more than 545,000 Ether worth $1.6 billion. Meanwhile, strategic reserves of Ethereum have exceeded $6 billion.
SharpLink Gaming, backed by Ethereum co-founder Joseph Lubin, is fully investing in Ether ๐ฎ [Game Investment]. After increasing its share issuance, SharpLink's stocks reached an additional 32,892 Ether, worth $115 million. Between June 2 and July 15, the company earned 415 Ether, valued at $1.49 million, from allocation rewards. In just the last nine days alone, SharpLink added $515 million worth of Ether to its coffers. ๐ [Notable Growth]
Bitmine Immersion Technologies has established a massive Ethereum mining center โ๏ธ [Cryptocurrency Mining]. It now owns over $1 billion in Ethereum and related assets. The company holds approximately 300,657 Ether in total, including 60,000 Ether from options backed by $200 million in cash.
Game Square also raised ๐ฒ [Funding] $70 million through a public offering. These funds will be allocated to expand its Ethereum portfolio, in partnership with cryptocurrency investment firm Dialectic. It also approved a $100 million plan to grow its Ethereum portfolio. ๐ [Continuous Expansion]
Source: coinpedia
