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

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Jul 16, 2025

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]

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