The post SharpLink Adds $252M in ETH, Holds Nearly 800K Ether appeared on BitcoinEthereumNews.com. SharpLink Gaming boosted its Ether treasury again last week, acquiring $252 million in ETH and raising $360.9 million through its at-the-market (ATM) equity program. The company now holds 797,704 Ether (ETH), worth about $3.7 billion, with $200 million in cash for further buys, the company revealed in a Tuesday update. “Our regimented execution of SharpLink’s ETH treasury strategy continues to demonstrate the strength of our vision,” said Co-CEO Joseph Chalom, adding that the firm is committed to “building long-term value for our stockholders while simultaneously supporting the broader Ethereum ecosystem.” According to the report, SharpLink acquired 56,533 ETH at an average price of $4,462 per token last week. The company also reported that total staking rewards since launching its ETH treasury strategy in June have climbed to 1,799 ETH. SharpLink’s weekly ETH moves. Source: SharpLink Related: High-leverage trader James Wynn opens 25x Ether long as ETH hits new high Nearly 800,000 ETH in reserve The Minneapolis-based firm has scaled its treasury since June, when it first disclosed ETH as its core reserve asset. Over the past four weeks, SharpLink has increased its holdings from 438,000 ETH to nearly 800,000 ETH, making it one of the largest corporate holders of Ethereum globally. The company also introduced a new metric, “ETH Concentration,” which measures ETH holdings per 1,000 assumed diluted shares outstanding. That figure now stands above 4.0, more than doubling since June. Alongside its ETH push, SharpLink’s board approved a $1.5 billion stock buyback plan last week. The program aims to enhance shareholder value while the company continues deploying capital into its crypto strategy. SharpLink’s stock closed Monday at $0.96, down 6.8% on the day before ticking slightly higher in after-hours trading. Related: After $400M splurge, ETH treasurer eyes stock buyback amid leverage concerns Tom Lee calls ETH bottom as BitMine adds… The post SharpLink Adds $252M in ETH, Holds Nearly 800K Ether appeared on BitcoinEthereumNews.com. SharpLink Gaming boosted its Ether treasury again last week, acquiring $252 million in ETH and raising $360.9 million through its at-the-market (ATM) equity program. The company now holds 797,704 Ether (ETH), worth about $3.7 billion, with $200 million in cash for further buys, the company revealed in a Tuesday update. “Our regimented execution of SharpLink’s ETH treasury strategy continues to demonstrate the strength of our vision,” said Co-CEO Joseph Chalom, adding that the firm is committed to “building long-term value for our stockholders while simultaneously supporting the broader Ethereum ecosystem.” According to the report, SharpLink acquired 56,533 ETH at an average price of $4,462 per token last week. The company also reported that total staking rewards since launching its ETH treasury strategy in June have climbed to 1,799 ETH. SharpLink’s weekly ETH moves. Source: SharpLink Related: High-leverage trader James Wynn opens 25x Ether long as ETH hits new high Nearly 800,000 ETH in reserve The Minneapolis-based firm has scaled its treasury since June, when it first disclosed ETH as its core reserve asset. Over the past four weeks, SharpLink has increased its holdings from 438,000 ETH to nearly 800,000 ETH, making it one of the largest corporate holders of Ethereum globally. The company also introduced a new metric, “ETH Concentration,” which measures ETH holdings per 1,000 assumed diluted shares outstanding. That figure now stands above 4.0, more than doubling since June. Alongside its ETH push, SharpLink’s board approved a $1.5 billion stock buyback plan last week. The program aims to enhance shareholder value while the company continues deploying capital into its crypto strategy. SharpLink’s stock closed Monday at $0.96, down 6.8% on the day before ticking slightly higher in after-hours trading. Related: After $400M splurge, ETH treasurer eyes stock buyback amid leverage concerns Tom Lee calls ETH bottom as BitMine adds…