SharpLink Gaming Inc. has significantly ramped up its Ethereum holdings, now totaling 188,478 ETH, valued at approximately $457 million. The company invested $30.7 million to acquire an additional 12,207 ETH at an average price of $2,513 each, marking a strategic shift toward blockchain integration.

This move has caught the attention of major institutional investors like Pantera Capital and Galaxy Digital, and Joseph Lubin, co-founder of Ethereum, will become SharpLink's Chairman. The company's stock has surged nearly 900% since the announcement of this strategy in May 2025, highlighting a strong market response.

SharpLink's decision to stake its Ethereum holdings has already yielded 120 ETH in rewards over three weeks. By positioning itself as the largest public h$ETH

holder of ETH and aligning with significant financial institutions, SharpLink aims to solidify its presence in the blockchain sector, with expectations of co#tinued growth despite regulatory uncertainties.#