According to a report from the second quarter of 2025 published by SharpLink Gaming, it expanded its ETH treasury with a vigorous fundraising campaign worth over 2.6 billion dollars. The revenues from PIPEs and recorded direct offerings were allocated to the purchase of ETH.
Since the launch of the strategy, SharpLink's "ETH Concentration" (a new metric showing the ETH accumulated per 1,000 diluted shares) has nearly doubled. It went from 2 to 3.95, reflecting the company's strong accumulation rate.
Just in the last seven days, SharpLink Gaming has raised an additional 900 million dollars to boost its Ethereum purchases. This investment is framed within a considerable increase in institutional demand for Ethereum.
Ethereum ETFs trading in the U.S. acquired ETH worth one billion dollars as the asset's price approached an all-time high. The company's holding of nearly 100% of its ETH holdings has already generated 1,326 ETH in rewards, providing a steady yield without liquidating assets.