SharpLink’s $200M ETH Bet — Ethereum Primed for Breakout?

🟪 SharpLink Gaming is selling $200M in shares to supercharge its ETH treasury, signaling strong institutional belief in Ethereum.

Four major investors to buy at $19.50/share via ATM offering

📊 ETH holdings projected to surpass $2B after full deployment

📈 ETH up 4% on the news — momentum building near key breakout

Why It Matters

🔹 ETH treasury firms gaining traction — SharpLink now holds 521,900 ETH, second only to BitMine

🔹 Ethereum outpacing Solana in institutional interest since June

🔹 Break of multi-year trendline could push ETH toward $4,100

🔹 $6B shelf registration signals more capital inflows ahead

Ethereum is becoming the go-to asset for corporate treasuries. SharpLink's aggressive accumulation may mark the start of a new ETH-led cycle.

#ETH #Ethereum #CryptoNews #InstitutionalCrypto #ETHBreakout $ETH $BTC