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CoinStats - Sharplink Gaming Becomes Largest Public ETH H...
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15 Articles
SharpLink leads with $463M Ethereum treasury move
SharpLink Gaming has established a significant Ethereum reserve, acquiring more than 176,000 ETH at an average price of $2,626 per token, according to a statement released on June 13. The $463 million investment marks the company as the first Nasdaq-listed firm to implement an Ethereum-focused treasury strategy. In addition, the company is the largest public holder of ETH, behind only the Ethereum Foundation. ETH staking SharpLink stated that it…
SharpLink innovates by becoming the first Nasdaq-listed company to own an ethereum reserve. Item 463 million dollars of ETH purchased by SharpLink: thethereum becomes a reserve asset first appeared on Cointribune.
SharpLink Becomes Largest Public Ether Holder With $463 Million ETH Purchase
SharpLink bought 176,271 ETH worth $463M, becoming the largest public ETH holder. The firm’s shares fell 66% after a regulatory filing allowed potential share resale. Over 95% of SharpLink’s ETH is deployed in staking to earn yield and support Ethereum. Minnesota-based marketing and sports betting technology firm SharpLink Gaming, which is listed on Nasdaq, has announced its purchase of 176,271 ether (ETH) worth approximately $463 million. With…
SharpLink Gaming has purchased Ethereum for almost half a billion US dollars – and plans to use ETH as a central reserve asset in the future. Source: BTC-ECHO BTC-ECHO
CoinStats - Sharplink Gaming Becomes Largest Public ETH H...
Sharplink Gaming has secured 176,271 ETH for $463 million, becoming the largest publicly traded holder of ether globally, and actively staking the majority of its position to earn network rewards. Acquisition of 176,000+ ETH Sees Sharplink Double Down on Ethereum Sharplink Gaming, Inc. (Nasdaq: SBET) has made headlines by acquiring 176,271 ETH for $462.9 million, […]
With this investment, SharpLink remains only behind the Ethereum Foundation as the largest ETH reserve holder today. *** The affiliate marketing company purchased more than 176,000 ETH for $463 million. It becomes the second largest ETH institutional holder, just behind the Ethereum Foundation. Earlier this month, the company incorporated Joseph Lubin as chairman of its board of directors. SharpLink Gaming, a Minnesota-based marketing company li…
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