🚀 SharpLink's Ethereum Holdings Surge to $1.3B After Massive ETH Purchase

Key Highlights:

- 360,807 ETH Acquired: SharpLink Gaming now holds over $1.3 billion worth of Ethereum (avg. buy price: $3,238).

- Recent Purchase: Added 79,949 ETH last week, including a $48M buy on July 14.

- Stock Rally: SBET shares surged 10%+ Tuesday, up 206% monthly.

- Expansion Plan: Increased stock sale target from $1B to $6B to fuel further ETH accumulation.

Market Context:

- ETH hit 2025 high ($3,848) Monday before settling near $3,700 (25% weekly gain).

- Follows trend of public firms (e.g., Bit Digital, BitMine) pivoting to ETH treasuries, mirroring MicroStrategy’s Bitcoin strategy.

Quote:

“Our disciplined ETH acquisitions strengthen shareholder value as we capitalize on market opportunities.”

— Joseph Lubin, SharpLink Chairman (Founder of Consensys)

#SharpLink #ethholder #ETHPrice #SharpLinkGaming #stok