📍SharpLink continues to acquire $ETH – raising total holdings to nearly half a million ETH
📌 SharpLink just purchased an additional 11,259 ETH worth $43M through an OTC transaction with Galaxy Digital, bringing total holdings to 449,276 ETH (~$1.73B).
📌 This follows the company's purchase of 77,210 ETH just a few days prior. The pace of accumulation indicates a clear ambition: to turn ETH into a strategic asset on the balance sheet – similar to how MicroStrategy has done with Bitcoin.
📌 With nearly half a million ETH, SharpLink is becoming the second-largest holder of Ethereum in the world, only behind BitMine. The influx of capital into ETH from public companies is rapidly increasing.
📌 The company's SBET stock also reacted positively, rising nearly 5% in the pre-market session and has increased over 97% in the past 30 days.