SharpLink significantly increased its ETH holdings, with a total market value of approximately $3.7 billion

According to reports from Hash World, SharpLink (NASDAQ: SBET) announced on platform X that the company has purchased 56,533 ETH at an average price of approximately $4,462. As of August 26, 2025, the company holds 797,704 ETH, valued at approximately $3.7 billion. Key highlights for the week of August 24, 2025: 1. Last week, net proceeds of $360.9 million were raised through ATM facilities. 2. Since launching the financial strategy on June 2, 2025, total staking rewards have increased by 1,799 ETH. 3. Approximately $200 million in cash remains unused for ETH acquisitions. 4. The cash-based concentration of ETH has exceeded 4.00, rising over 100% since June 2, 2025.