Sharplink Gaming, ever so bold, has escalated its ethereum holdings to a staggering 360,807 ETH as of July 20, after acquiring a cool 79,949 more ether. How delightful!
Sharplink Does It Again: Adds 79,949 ETH, Now Sitting Pretty at 360,807 ETH
The company’s holdings surged a mighty 29% from the previous week, paying a princely sum of $3,238 per ETH for their latest batch. A rather cheeky move, don’t you think? Meanwhile, Sharplink holds $96.6 million in net proceeds from its At-The-Market (ATM) share facility, earmarked for future ether purchases… but, let’s not hold our breath.
Ever since Sharplink’s inception of its “digital treasury strategy” on June 2, 2025—an absolutely audacious plan—it’s managed to generate a hefty 567 ETH from staking rewards. Quite the windfall, eh? Meanwhile, their ethereum concentration (a fancy term for how much ETH they’re holding) has rocketed to 3.06, a 53% rise since the strategy’s debut. A number that would make even the most hardened banker shudder in envy.
But wait! There’s more. In an announcement that’s sure to make headlines (or at least a few eyebrows raise), Sharplink celebrated the signing of the GENIUS Act into law by none other than President Trump himself. This bipartisan piece of legislation, it seems, is crafting a cozy little regulatory home for digital assets and smart contracts in the good ol’ U.S. of A. So, let’s all hold hands and sing kumbaya, shall we?
Headquartered in Minneapolis, Minnesota, and listed on Nasdaq (SBET), Sharplink claims to be the world’s largest publicly traded corporate holder of ethereum. Yes, that’s right, ethereum—the asset that’s just so… hot right now. Everyone’s jumping on the bandwagon. Isn’t it just the most thrilling trend?
But of course, Sharplink is also knee-deep in online gaming and sports betting, aiming to sprinkle some blockchain magic over its platforms through smart contracts and DeFi protocols. The ultimate question remains: will this bold play pay off, or will Sharplink be left with a treasure chest of ETH that’s suddenly more useless than a crypto winter?
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2025-07-22 18:27