SharpLink surpasses the Ethereum Foundation with over 280,000 ETH holdings, becoming the world's largest corporate holder of ETH

On July 15, according to The Block, the listed company SharpLink Gaming Inc. (SBET) said that the number of Ethereum it holds has increased to 280,706 $ETH, making it the world's largest corporate holder of Ethereum. The company purchased 74,656 $ETH at an average price of $2,852 between July 7 and July 13, spending about $156 million. Based on the market price of nearly $3,000 on Tuesday, the value of its $ETH holdings is about $858 million. This makes SharpLink's Ethereum holdings exceed the Ethereum Foundation, which holds about 196,354 $ETH, worth about $591 million. [PANews]