🔥SharpLink Gaming holds Ethereum worth up to 360,807 ETH, equivalent to 1.3 billion USD, after acquiring nearly 80,000 ETH just in the past week. This move not only places the company on the map of major Ethereum holders but also drives its stock price to soar over 10%, reaching nearly 28 USD, with a shocking increase of 206% in one month.
Behind the strong purchasing deal is a clear strategy to accumulate assets, increase the proportion of digital assets on the balance sheet, and optimize shareholder benefits. Chairman and founder of SharpLink, Joseph Lubin, who is also the CEO of Consensys, boldly stated that this is the company's steadfast way of expanding the ETH treasury with discipline and strategic vision.
Other major players like Bit Digital and BitMine Immersion are also pouring billions into Ethereum, shedding the old mining model to chase the treasury game.
The strategy that MicroStrategy once pioneered with Bitcoin is now being replicated on Ethereum, and SharpLink is leading the charge.