SharpLink (SBET) has deposited 108 million USDC in the past 7 hours and transferred it to Galaxy Digital, currently holding 14,933 ETH (53 million).

They transferred 53 million USDC to Galaxy Digital 7 hours ago, and then received 14,933 ETH 2 hours ago, with a purchase price of $3,550.

After receiving the ETH, they transferred 55.56 million USDC back to Galaxy Digital to continue purchasing ETH.

Since early June, SharpLink Gaming has been accumulating ETH with a micro-strategy operational model, and to date, they have acquired a total of 464,000 ETH, now worth $1.62 billion.

The average purchase price is approximately $3,029, currently yielding a floating profit of $214 million.