SharpLink has aggressively added to its Ethereum stack with a new $250 million ETH buy. A few days ago, the Minneapolis-based gaming company announced that its total Ethereum holding has now reached 797,704 tokens, which is roughly $3.7 billion based on today’s market price. So far, the company has shown its commitment to becoming one […]SharpLink has aggressively added to its Ethereum stack with a new $250 million ETH buy. A few days ago, the Minneapolis-based gaming company announced that its total Ethereum holding has now reached 797,704 tokens, which is roughly $3.7 billion based on today’s market price. So far, the company has shown its commitment to becoming one […]

SharpLink Gaming Expands Ethereum Treasury to Nearly 800,000 ETH

2025/08/27 15:30
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
SharpLink
  • SharpLink Gaming has expanded its Ethereum treasury to 797,704 ETH after a $250M purchase, funded through an at-the-market equity program.
  • Since the company launched its ETH treasury strategy in June, it has managed to gain 1,799 ETH in staking rewards.

SharpLink has aggressively added to its Ethereum stack with a new $250 million ETH buy. A few days ago, the Minneapolis-based gaming company announced that its total Ethereum holding has now reached 797,704 tokens, which is roughly $3.7 billion based on today’s market price. So far, the company has shown its commitment to becoming one of the largest corporate Ethereum holders.

How SharpLink Funded Its New Ethereum Buy

According to the details shared, the company funded the expansion through an equity program. Basically, they managed to raise about $360.9 million via an at-the-market equity program.

Aside from the significant amount used to purchase Ethereum, SharpLink still has about $200 million in cash they’ve kept aside for more future buying, signaling that the buying spree is far from over.

Previously, SharpLink has expressed its support and approach aimed at boosting shareholder value while also reinforcing Ethereum’s broader ecosystem.

Since the company launched its treasury strategy in June, they’ve managed to accumulate 1,799 ETH from staking rewards, strengthening its position as a treasury firm.

Screenshot 20250826 195615 ChromeSharpLink Gaming Expands Ethereum Treasury to Nearly 800,000 ETH 3

Source: SharpLink.com

Also, this rapid buy has helped to lift SharpLink’s holdings from just over 438,000 ETH to nearly 800,000 in only four weeks. SharpLink has also introduced a new metric called “ETH Concentration” that helps track holdings per 1,000 diluted shares.

Since the launch in June, that measure has more than doubled and now sits above 4.0. This figure provides stockholders with a clearer picture of the firm’s exposure to Ethereum and the value it ties to its shares. So far, investor confidence is uncertain, as many are still new to this crypto exposure.

Also Read: Ethereum Price Prediction: Could Hit $5,817 in September 2025







Market Opportunity
Ethereum Logo
Ethereum Price(ETH)
$2,280.41
$2,280.41$2,280.41
+0.29%
USD
Ethereum (ETH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Share
Coinstats2025/09/17 23:42
Wall Street expert predicts 80% Tesla stock crash in 2026

Wall Street expert predicts 80% Tesla stock crash in 2026

The post Wall Street expert predicts 80% Tesla stock crash in 2026 appeared on BitcoinEthereumNews.com. Tesla (NASDAQ: TSLA) FSD – the autonomous driving technology
Share
BitcoinEthereumNews2026/03/16 22:04
The Economics of Self-Isolation: A Game-Theoretic Analysis of Contagion in a Free Economy

The Economics of Self-Isolation: A Game-Theoretic Analysis of Contagion in a Free Economy

Exploring how the costs of a pandemic can lead to a self-enforcing lockdown in a networked economy, analyzing the resulting changes in network structure and the existence of stable equilibria.
Share
Hackernoon2025/09/17 23:00