BREAKING NEWS: SharpLink Gaming Buys Another 11,259 Ethereum Worth $42.5 Million!🚀
SharpLink Gaming, a Nasdaq-listed company, continues to capture attention with its Ethereum-based treasury strategy. The company has just acquired another 11,259 units of Ethereum (ETH) valued at $42.5 million! This move is part of a strategy they adopted since May 2025.
SharpLink's total Ethereum holdings now stand at 360,807 ETH as of July 20, 2025, with an additional 567 ETH from staking rewards! This decision is fully supported by Joseph Lubin, founder and CEO of Consensys, who is also an Ethereum co-founder and currently serves as Chairman of SharpLink's Board of Directors.
With the current Ethereum price around $3,757.53 per unit, this aggressive move by SharpLink is expected to further drive institutional adoption of Ethereum. SharpLink Gaming, previously known in the sports betting industry, is increasingly focusing on becoming a major player in the crypto ecosystem!