According to Onchain Lens monitoring, SharpLink Gaming has increased its holdings again by 5,188 ETH, which is approximately $15.76 million at the current price. Its total ETH reserves have increased to 285,894, worth approximately $871.00 million. [Wu Blockchain]

Key Takeaways SharpLink Gaming has over 280,000 ETH, outpacing the Ethereum Foundation’s 241K ETH holdings. Tom Lee projected a potential ETH breakout above $4,000 later in 2025. SharpLink Gaming’s Ethereum [ETH] treasury reserve hit 280,706 ETH, surpassing the Ethereum Foundation (EF) as the world’s largest corporate ETH holder. Last week, the sports betting and gaming affiliate giant bought 74,656 ETH at an average price of $2,852. This buying power was part of the firm’s $413 million capital raised from selling 24.56 million shares over the same period. Per data from Strategic ETH Reserve (SER), the purchase tipped SharpLink Gaming to the top of the leaderboard, surpassing EF by nearly 40K ETH. SharpLink Gaming ETH betIn late May, the gaming giant announced its ETH strategy, with a $1 billion target per SEC filing. It brought Joseph Lubin, Consensys CEO and Ethereum co-founder, as its chair to drive the vision. Nearly half of the target ($425 million) was raised, backed by Consensys. By June, the firm acquired its first ETH stash of 12,207 ETH and staked everything, earning an extra 120 ETH. From last week’s bid, SharpLink staked 99.7%, bringing its cumulative staking yield to 415 ETH. Still, $257 million was yet to be deployed, and the overall capital raised was below the $1B target. Now, the firm has an unrealized profit of $153 million minus staking rewards. Besides, the expected stablecoin boom could offer more upside potential for ETH treasuries and holders. In fact, this is the primary catalyst behind BitMine Technologies’ ETH strategy, led by Fundstrat’s Tom Lee. Treasury craze on ETH priceAs of the time of writing, BitMine was the fourth-largest ETH treasury with 163.1K ETH. And Lee projected that a breakout from its 4-year price range could push the asset higher amid the stablecoin and tokenisation boom. Lee added that growing network activity and expected Fed rate cuts later in 2025 would provide the needed liquidity to boost ETH’s momentum. The recent reclaim of $3K has reinforced a bullish structure, and the market appeared to be pricing an extended rally in the near term. According to Sean Dawson, head of research at Options platform Derive, an ETH surge to $4K by the end of July was already “confirmed.”However, Deribit data showed Option traders were only pricing a 3.7% chance that ETH could hit $4K by end-July. But the odds of $4K target being hit surged to 20% and 27% by August and September, suggesting a bullish cue for Q3.

MAG7.SSI

SharpLink now holds 280K ETH, flips Ethereum Foundation’s 241K stash: Will this change things?

On July 16 (UTC+8), SharpLink Gaming announced that since the launch of its ETH strategy on June 13, 2025, its ETH Concentration Index has increased from 2.00 to 2.46, a 23% increase. This index measures the Ethereum support value behind every 1,000 shares of SBET, and the company still has approximately $257.00 million in funds for subsequent ETH acquisitions. (Source: SharpLink) [MetaEra]

SharpLink Gaming Still Has Approximately $257.00 Million in Funds for Subsequent ETH Acquisitions

According to SharpLink Gaming's official disclosure, its ETH holdings have increased by 23% in just over a month. The company still has approximately $257.00 million in funds available for future Ethereum purchase plans. [Foresight News]

SharpLink Gaming: The company currently still has approximately $257.00 million in funds available for Ethereum acquisitions

SharpLink Gaming announced that its ETH Concentration indicator has increased from 2.00 to 2.46, a 23% increase since the launch of the ETH strategy on June 13, 2025. This indicator measures the value of Ethereum support behind every 1,000 shares of SBET. The company currently still has about $257 million in funds for subsequent ETH acquisitions.
According to previous news, SharpLink raised approximately US$413 million in net proceeds between July 7 and 11, of which approximately US$156 million had been invested in ETH. [PANews]

SharpLink Gaming still has about $257 million in funds for subsequent ETH acquisitions

ChainCatcher News, according to an official disclosure from SharpLink Gaming, its ETH holdings have increased by 23% in just over a month, and the company still has approximately $257.00 million in funds available for future Ethereum acquisition plans. [ChainCatcher]

SharpLink Gaming: The company currently still has approximately $257.00 million in funds available for Ethereum acquisitions.

On July 16, according to official disclosures from SharpLink Gaming, its ETH holdings increased by 23% in just over a month, and the company currently has approximately $257.00 million in funds available for future Ethereum acquisition plans. [TechFlow]

SharpLink Gaming, a US-listed company, still has approximately $257.00 million in funds available for Ethereum acquisitions

On July 16th, listed company SharpLink Gaming updated its announcement stating that it still has approximately $257.00 million in capital available for future ETH acquisitions.

Previously, SharpLink Gaming increased its holdings again today by 6,377 ETH (approximately $19.56 million). In the past 7 days, the institution has cumulatively purchased 91,330 ETH (approximately $275.00 million). [BlockBeats]

SharpLink Gaming: Approximately $257.00 million Still Available for Future ETH Acquisitions

On July 16th, listed company SharpLink Gaming updated its announcement stating that the company still has approximately $257.00 million in capital available for future ETH acquisitions. Previous news stated that SharpLink Gaming today increased its holdings again by 6,377 ETH (approximately $19.56 million). In the past 7 days, the institution has cumulatively purchased 91,330 ETH (approximately $275.00 million). [BlockBeats]

News, July 16th, publicly listed company SharpLink Gaming updated its announcement stating that the company still has approximately $257 million in capital available for future ETH acquisitions. Previously, SharpLink Gaming today once again acquired 6,377 ETH (approximately $19.56 million). In the past 7 days, the institution has cumulatively purchased 91,330 ETH (approximately $275 million). [BlockBeats]

SharpLink Gaming: Around $257 million still available for future ETH acquisitions

On July 16th, according to LookIntoChain monitoring, SharpLink Gaming added another 6,377 ETH (approximately $19.56 million) today. In the past 7 days, the institution has accumulated a total of 91,330 ETH (approximately $275 million). [BlockBeats News]

SharpLink Gaming has once again increased its ETH holdings by 6,377 coins today.

On July 16, according to Lookonchain monitoring, SharpLink Gaming today increased its holdings again by 6,377 ETH (approximately $19.56 million). In the past 7 days, the institution has cumulatively purchased 91,330 ETH (approximately $275.00 million). [BlockBeats]

SharpLink Gaming increased its holdings again today by 6,377 ETH

SharpLink Gaming today increased its holdings by 6,377 ETH again

SharpLink has become the largest Ethereum (ETH) holder among enterprises. The company raised approximately $413 million in net proceeds through the ATM program from July 7 to 11, of which approximately $156 million has been invested in ETH, and the remaining approximately $257 million can be used for future Ethereum acquisitions. From July 7 to 13, SharpLink purchased approximately 74,656 ETH at an average price of approximately $2,852 per ETH. The total holdings currently amount to 280,706 ETH, of which approximately 99.7% have been pledged, and approximately 415 ETH have been earned since June 2. Since June 13, ETH concentration has increased by approximately 23%. [PANews]

SharpLink raised approximately $413 million in net proceeds between July 7 and 11, of which approximately $156 million has been invested in ETH

On July 16, SharpLink Gaming announced that it has become the largest Ethereum holder among corporate entities, currently holding approximately 280,706 ETH. The company raised approximately $413.00 million through the ATM program from July 7-11 and has invested approximately $156.00 million to purchase ETH. The remaining approximately $257.00 million will be used for future Ethereum acquisitions. The company has staked 99.7% of its ETH and has generated approximately 415 ETH in revenue since June 2. [TechFlow]

SharpLink Gaming raised approximately $413.00 million through an ATM last week, which will be used to increase its holdings of ETH.

SharpLink Gaming (SBET) posted that, in addition to becoming the largest Ethereum holder among corporate entities, SharpLink raised approximately $413.00 million in net proceeds through its ATM program from July 7 to 11. Of this, approximately $156.00 million has been used to purchase Ethereum, with the remaining approximately $257.00 million available for future Ethereum acquisitions. [ChainCatcher]

SharpLink raised approximately $413.00 million last week, which will be used entirely to increase its holdings of Ethereum.

SharpLink Gaming posted on X that, in addition to becoming the largest Ethereum (ETH) holder among corporate entities, SharpLink raised approximately $413.00 million in net proceeds through its ATM program from July 7 to 11. Of this, approximately $156.00 million has been used to purchase Ethereum, with the remaining approximately $257.00 million available for future Ethereum acquisitions. [Wu Blockchain]

SharpLink Gaming: Approximately $413.00 million in funds raised will be used to purchase ETH

SharpLink Gaming (SBET) posted that in addition to becoming the largest Ethereum holder among corporate entities, SharpLink raised approximately $413.00 million through its ATM program from July 7 to 11. Of this, approximately $156.00 million has been used to purchase Ethereum, with the remaining approximately $257.00 million in funds available for future Ethereum acquisitions. [Odaily Planet Daily News]

SharpLink Gaming raised approximately $413.00 million last week, which will be used entirely to increase its holdings of Ethereum.

According to @EmberCN monitoring, about 10 hours ago, SharpLinkGaming continued to purchase 5,188 ETH through Coinbase Prime, worth $15.86 million. Since SharpLink Gaming began accumulating ETH in early June using MicroStrategy's operating model, it has cumulatively purchased 300,000 ETH. The average purchase price is about $2,701, and the current floating profit is $130.9 million. [Wu Blockchain]

COIN

SharpLink Gaming Continues to Purchase 5,188 ETH, Valued at $15.86 Million

Arkham data shows that SharpLink Gaming purchased another 5,188 ETH through Coinbase Prime 10 hours ago, worth approximately $15.86 million. Since the strategy began in early June, it has cumulatively purchased 300,000 ETH at an average purchase price of approximately $2,701, with a current floating profit of $130.9 million. In addition, the number of ETH displayed on Arkham does not yet include the 74,000 ETH directly staked by it. [Odaily Planet Daily News]

SharpLink Gaming Buys Another 5,188 ETH, Accumulating 300,000, With Floating Profits Exceeding $130.0 Million

On July 16, according to analyst Ember, 10 hours ago, SharpLink Gaming purchased another 5,188 ETH (approximately $15.86 million) through Coinbase Prime. Since the beginning of June, SharpLink Gaming has cumulatively purchased 300,000 ETH in a MicroStrategy-like pattern, with an average purchase price of approximately $2,701 USD, and currently has a floating profit of $130.9 million. [TechFlow]

SharpLink Gaming purchased another 5,188 ETH 10 hours ago, bringing its total holdings to 300,000 ETH.

On July 16, according to Ember, SharpLink Gaming's purchases are still ongoing. 10 hours ago, the agency purchased another 5,188 ETH (about $15.86 million) through Coinbase Prime. Since the beginning of June, SharpLink Gaming has purchased a total of 300,000 ETH in micro-strategy mode, with an average purchase price of about $2,701, and the current floating profit has reached $130.9 million. [PANews]

SharpLink Gaming purchased another 5,188 ETH 10 hours ago, with a total holding of 300,000 ETH

According to Ember Monitoring, SharpLink Gaming purchased another 5,188 ETH (approximately $15.86 million) through Coinbase Prime 10 hours ago. Since the beginning of June, SharpLink Gaming has cumulatively purchased 300,000 ETH in a MicroStrategy-like pattern, with an average purchase price of approximately 2,701. The current floating profit has reached $130.9 million. [Foresight News]

SharpLink Gaming Increases Holdings Again with 5,188 ETH

On July 16th, according to Onchain Lens monitoring, SharpLink Gaming increased its holdings by 5,188 ETH, worth approximately $15.76 million. Currently, SharpLink Gaming holds a total of 285,894 ETH, approximately $8.7119 billion. [BlockBeats News]

SharpLink Gaming Increases ETH Holdings to 5,188 Coins, Approximately $15.76 Million

On July 16, according to Onchain Lens monitoring, SharpLink Gaming increased its holdings by 5,188 ETH, worth approximately $15.76 million. Currently, SharpLink Gaming holds a total of 285,894 ETH, worth approximately $871.19 million. [BlockBeats]

SharpLink Gaming increases its holdings by 5,188 ETH, worth approximately $15.76 million

SharpLink Gaming increases its holdings by 5,188 ETH, approximately $15.76 million

Publicly traded company SharpLink has now become the leading corporate holder of Ethereum (ETH). SharpLink has confirmed that it is now the largest corporate holder of Ethereum. The publicly traded company ended up at the top after buying an additional $213 million worth of ETH. The company's total holdings now stand at 280,706 ETH ($836.2 million worth of ETH). Notably, a whopping 99.7% of the company's ETH is staked. These tokens have already generated $51.82 million worth of ETH in revenue. SharpLink, which used to operate as a sportsbook marketing company, announced the adoption of Ethereum as its treasury reserve asset in May. The implementation of the strategy started with raising $425 million with the help of Ethereum developer Consensys. As reported by U.Today, Lubin previously stated that SharpLink would keep accumulating more ETH, drawing parallels between the upstart company and Michael Saylor's Strategy. [U.Today]

New Top Corporate Ethereum (ETH) Holder Just Emerged

Sharplink Gaming, a Nasdaq-listed company that has been on the agenda for a while with its Ethereum (ETH) purchase, announced that it has purchased ETH again. Accordingly, the Nasdaq-listed company purchased 74,656 ETH worth $156 million at an average price of $2,852 between July 7 and 13. With this acquisition, SharpLink Gaming (SBET) increased its treasury to 280,706 ETH, surpassing the Ethereum Foundation. Accordingly, SharpLink Gaming has become the world's largest institutional Ethereum holder, surpassing the holdings of the Ethereum Foundation, which holds 196,354 ETH worth approximately $591 million. The company also purchased 10,000 ETH directly from EF last week. SharpLink added that since adopting Ethereum as its primary treasury reserve asset, it has staked 99.7% of its assets and earned 415 ETH in rewards, including 94 ETH earned last week. SharpLink becomes the largest ETH holding among institutional entities Between July 7 and July 13, SharpLink purchased approximately 74,656 ETH for approximately $213 million at an average price of $2,852 per ETH. Total assets currently stand at ~280,706 ETH Approximately 99.7% of ETH has been staked, and approximately 415 ETH has been earned since June 2nd ETH Concentration has increased by approximately 23% since June 13th. SharpLink Gaming is among the companies that have been accumulating ETH using the strategy of the biggest Bitcoin bull Strategy. https://twitter.com/SharpLinkGaming/status/1945094437173940389 *This is not investment advice.

Ethereum's MicroStrategy Announced! Massive Company Makes Another Large Purchase, Surpassing the Ethereum Foundation! Becomes Largest Institutional ETH Holder!

根据Onchain Lens的监测，SharpLink Gaming再次增持了5,188个ETH，按当前价格约合1,576万美元。其总持有的ETH储备已增至285,894个，价值约8.71亿美元。[Wu Blockchain]

SharpLink Gaming再次增持，新增持有5,188 ETH

根據Onchain Lens的監測，SharpLink Gaming再次增持了5,188個ETH，按當前價格約合1,576萬美元。其總持有的ETH儲備已增至285,894個，價值約8.71億美元。[Wu Blockchain]