SharpLink purchased 7,689 ETH last week, bringing its total holdings to over 200,000 ETH and earning 322 ETH in staking rewards.
Powered by ChatGPTOn July 8 (UTC+8), SharpLink Gaming (Nasdaq: SBET) announced that as of July 4, 2025, the company had newly purchased 7,689 Ethereum ($ETH) at an average price of $2,501.00 per coin, increasing its total holdings to 205,634 coins. At the same time, SharpLink raised $64.00 million through its ATM financing facility between June 28 and July 4, of which $37.20 million will be used this week to further purchase ETH. To date, SharpLink has invested all of its $ETH in staking and restaking protocols, and has accumulated 322 $ETH in staking rewards since launching the strategy on June 2. In addition, the company launched the "$ETH Concentration" metric, which reflects the number of $ETH corresponding to each thousand shares of diluted shares, and the metric has now increased to 2.37 coins. (Source: PANews) [MetaEra]