SharpLink continues to aggressively invest in Ethereum. In just three days — from August 1 to 3, 2025 — it spent $108.57 million in the USDC stablecoin, acquiring 30,755 $ETH . The total volume of its crypto portfolio now stands at 480,031 ETH, which, according to Arkham Intelligence, is approximately $1.66 billion.
🔹 The largest transaction during this period was the purchase of 6,914 ETH for $23.56 million.
🔹 On July 31, the company also purchased 11,259 ETH for $43.09 million, paying an average of $3,828 per coin.
Analysts believe that such actions indicate SharpLink's desire to become one of the main corporate players in the Ethereum market.
Ether Machine is also increasing its reserves:
Another company — The Ether Machine — is not lagging behind: last week it acquired 15,000 ETH for $56.9 million, with an average price of $3,809. Its total asset volume is now 334,757 ETH, which already exceeds the reserves of the Ethereum Foundation (234,000 ETH).
According to data from StrategicETHReserve, Ether Machine ranks third among corporate ETH owners, trailing only BitMine and SharpLink.
NoOnes CEO Ray Youssef notes that Ethereum is increasingly perceived as a combination of a technological asset and digital currency. Its attractiveness for companies is explained by:
- high staking returns
- programming flexibility
- compliance with regulatory requirements
Ethereum already serves most tokenized assets and stablecoins, covering 58.1% of the real-world assets (RWA) market with a total volume of $13.4 billion. Experts believe that against the backdrop of Ethereum's growing influence, it is becoming the most promising choice for companies aiming for the long-term role of blockchain in the digital economy.