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Ethereum Treasury News: Sharplink Gaming (SBET) Holds $840M in ETH
MINNEAPOLIS, MINNESOTA, UNITED STATES, JUL 15 – SharpLink Gaming holds over 280,000 Ethereum, staking 99.7% for yield, after raising $413 million and acquiring 74,656 ETH in one week, overtaking the Ethereum Foundation.
- On July 17, 2025, SharpLink Gaming increased its equity sale target to $6 billion, holding over 321,000 ETH and surpassing the Ethereum Foundation.
- After launching its ETH treasury strategy in early June, SharpLink Gaming amended its sales agreement, as revealed in prospectus supplement filed July 17, 2025, boosting capacity from $1 billion to $6 billion.
- Following the updated filing, the company purchased 32,892 ETH worth $115 million, held over 280,000 ETH staked at ~99.7%, and acquired roughly 74,656 ETH between July 7 and July 13.
- Following the equity raise announcement, SBET shares ended Thursday’s session at $36.40 with a 2.62% drop, and after-hours fell further to $34.60, according to Google Finance.
- This trend reflects a broader shift in treasury strategies among public firms, exemplified by BitMine Immersion’s acquisition of over 163,000 ETH valued near $500 million.
36 Articles
36 Articles
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SharpLink Gaming Buys Another $19.5M In Ethereum: Institutional Accumulation Continues - Overpasses For America
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Ethereum Treasury News: Sharplink Gaming (SBET) Holds $840M in ETH
SharpLink Gaming (SBET), the Nasdaq-listed firm with a crypto treasury strategy centered on ether ETH, on Tuesday said it has become the largest corporate holder of the asset with 280,706 ETH worth roughly $840 million at current prices.The firm raised $413 million via the issuance of over 24 million shares between July 7 and July 11, according to a press release. It purchased a total of 74,656 ETH over the past week at an average price of $2,85…
Ethereum Gains Massive Boost: Sharplink Gaming's Bold $5 Billion Stock Sale For ETH
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TheSpuzzSharpLink Gaming To Buy $5 Billion In Ethereum: Supply Shock Incoming?
Ethereum is undergoing a bullish expansion, pushing above the $2,650 level and holding support above $2,600—a move that reinforces investor confidence across the broader crypto market. As ETH shows signs of sustained strength, institutional interest is ramping up. On Thursday, SharpLink Gaming (Nasdaq: SBET) made headlines by deepening its commitment to Ethereum. In a prospectus […]
Ethereum as the New Gold? SharpLink’s $6B Treasury Strategy Is Raising Eyebrows
According to an official SEC filing, the Ethereum treasury strategy of SharpLink Gaming has taken a major step forward as the company increased its equity sale target to $6 billion to buy more Ethereum (ETH). This decision came after a $425 million private investment led by Consensys. With over 321,000 ETH now in its reserves, which is more than what the Ethereum Foundation holds, SharpLink is becoming a key player in corporate crypto investment…
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