Institutional confidence in Ethereum is showing strong signals again. SharpLink Gaming, one of the companies that has gained the most visibility in the tech-financial sector during 2025, has moved its strategic pieces again: it resumed its purchases of ETH for the first time since August, raising the total value of its treasury to over $3.5 billion.
With this acquisition, SharpLink consolidates its position as one of the largest corporate holders of Ethereum globally, strengthening the narrative that ETH is becoming an institutional reserve asset.
A calculated move: over 19,000 ETH acquired
The Minneapolis-based company purchased 19,271 ETH at an average price of $3,892 per unit.
The move was financed with $76.5 million in gross revenue generated the previous week, demonstrating an accumulation strategy without resorting to debt or excessive leverage.
With this purchase, SharpLink's reserves reach 859,853 ETH, equivalent to approximately $3.5 billion at the current price of $3,988 per ETH.
🗣️ 'The disciplined accumulation of Ethereum is part of our core strategy to create real and sustainable value for shareholders,' said Joseph Chalom, co-founder of SharpLink Gaming.
A treasury strategy that sets trends
Since June 2025, SharpLink has adopted a treasury strategy focused on Ethereum, something that until recently was unusual outside of Bitcoin.
The company has increased its 'Ethereum concentration' by 100%, positioning itself among the few firms that integrate such an aggressive crypto approach in their balance sheet.
📊 Ethereum concentration = Total ETH holdings / Estimated diluted shares.
This indicator measures the real weight that the digital asset has within the company's equity.
A corporate ecosystem that is moving towards ETH
SharpLink is not alone.
BitMine, a crypto-institutional fund, recently acquired 203,800 ETH, representing 2.7% of the circulating supply.
CleanCore Solutions, listed on NYSE, has already accumulated 710 million DOGE and projects to reach 1,000 million.
The difference is that Ethereum surpasses Bitcoin this year as a corporate adoption asset, thanks to its versatility in DeFi applications, staking, and Web3 infrastructure development.
Market impact and signals for investors
Although SharpLink's shares (SBET) fell -2.64% to $14.40 after the announcement, the market maintains an optimistic tone: the stock has accumulated +440% gain in six months.
The accumulation strategy is interpreted as a long-term play, not a speculative reaction.
🔸 For retail investors, movements like this often anticipate:
Greater institutional confidence in ETH
Possible medium-term upward pressures
A more mature environment for the entry of corporate capital
More than a purchase: a declaration of confidence
SharpLink's decision is not just a financial transaction. It is a clear signal that Ethereum has ceased to be 'an alternative asset' to become a strategic pillar for high-growth companies.
If this trend continues and more corporations adopt similar strategies, the price of ETH could consolidate new support levels and attract even more institutional capital.
📢 'It's not about chasing hype, but positioning ourselves where value will be in the next five years,' Chalom added.
In summary
🔸 SharpLink resumes its accumulation of ETH with over $3.5 billion in treasury.
📈 The move reinforces the narrative of Ethereum as a corporate asset.
🌍 More and more companies are diversifying their reserves beyond Bitcoin.
🚀 Investors see clear signs of institutional confidence in these steps.
Ethereum is not only on the charts... it is on the balance sheets of large companies.
