$TREE
SharpLink Gaming (SBET) now holds a large amount of Ethereum—about 438,000 ETH, worth nearly $1.7 billion as of July 28, 2025. The company recently bought 77,210 ETH for $295 million, which helped grow its crypto reserves. This move has excited investors, and SharpLink’s stock price has more than doubled in the last month, going up by 114%, and has risen 186% this year.
Ethereum is now a big part of SharpLink’s financial strategy. The company is using it as a main reserve instead of relying only on its gaming business. Some experts warn that the company is now being valued more for its Ethereum holdings than its actual operations, which could be risky.
Even so, new U.S. laws like the Genius Act and good Ethereum staking rewards may help SharpLink grow even more. With strong market support and smart crypto moves, the company is getting a lot of attention.