🚀 SharpLink Gaming’s $295M Ethereum ($ETH ) Accumulation Takes the Lead

What happened:

SharpLink Gaming bought 77,210 ETH ($295 million), bringing its total holdings to ~438,000 ETH ($1.7 billion)

This single purchase exceeds Ethereum’s net issuance for the past 30 days, signaling a potential supply squeeze

SharpLink now ranks as the second-largest corporate ETH holder, behind Bitmine Immersion (~566,000 ETH)

The additional ETH was largely staked via Figment to generate yield, highlighting long-term commitment

Ex-BlackRock executive Joseph Chalom joined as co-CEO, reinforcing institutional credibility for its Ethereum treasury strategy