In a bold move that has sent shockwaves through the cryptocurrency market, SharpLink Gaming has significantly increased its Ethereum holdings, driving a 21% jump in just one week. This strategic accumulation has not only bolstered their treasury to an impressive $1.33 billion but also triggered a staggering 110.73% surge in their stock price. Here’s everything you need to know about this groundbreaking development in Ethereum news.
SharpLink Gaming’s Ethereum Purchases: A Strategic Masterstroke
SharpLink Gaming, Inc. (Nasdaq: SBET) has executed an aggressive Ethereum accumulation strategy, acquiring 77,209.58 ETH over the week of July 21–27, 2025. This $290 million purchase brought their total Ethereum holdings to 438,190 ETH, marking a 21% increase from the previous week. Key highlights of their strategy include:
- 70% rise in ETH holdings since June 2
- 0.2K ETH in weekly staking rewards
- 3.40 ETH per share concentration
How Ethereum News Impacted SharpLink’s Stock Surge
The company’s stock price has mirrored its Ethereum strategy’s success, with shares of SBET rising 110.73% month-to-date. This remarkable growth trajectory saw the stock peak above $35 mid-July before settling at $20.92 by July 27. The surge reflects:
| Factor | Impact |
|---|---|
| Ethereum accumulation | Increased investor confidence |
| Staking rewards | Passive income potential |
| Strategic leadership | Market credibility |
Ethereum Treasury Hits $1.33B: What This Means for the Market
SharpLink now controls the largest public Ethereum treasury, valued at approximately $1.33 billion. With over 95% of holdings staked or deployed through liquid staking platforms, the company has transformed its treasury into both a financial reserve and revenue-generating asset. This approach offers:
- Protection against market volatility
- Continuous yield generation
- Strategic positioning in DeFi infrastructure
Frequently Asked Questions
Q: How much Ethereum did SharpLink Gaming purchase recently?
A: The company acquired 77,209.58 ETH in one week, spending approximately $290 million.
Q: What percentage has SharpLink’s stock increased?
A: SBET shares surged 110.73% month-to-date following their Ethereum accumulation strategy.
Q: How is SharpLink funding its Ethereum purchases?
A: The company uses an at-the-market (ATM) share issuance facility, raising over $850 million in July alone.
Q: What percentage of SharpLink’s Ethereum is staked?
A: Over 95% of their 438,190 ETH holdings are staked or deployed through liquid staking platforms.
