SharpLink’s $200M ETH Bet — Fuel for a Breakout? 🚀
SharpLink Gaming ($SBET) just sold $200M in shares to load up more Ethereum (ETH) — pushing ETH up 4% on Thursday.
📊 ETH treasury holdings now set to exceed $2B.
🔥 ETH has been outperforming SOL since June, and a breakout above its multi-year downtrend could target $4,100.
SharpLink now ranks #2 in corporate ETH treasuries with 521,900 ETH, behind Peter Thiel-backed BitMine Immersion’s 833,000 ETH.
With institutional ETH demand heating up, can August be the month ETH finally flips the charts?