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Ethereum Treasury Race Heats Up as SharpLink and Bitmine Battle for Dominance

2025-07-20 19:30:10

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Two unlikely companies — SharpLink Gaming (SBET) and Bitmine Immersion Technologies (BMNR) — are redefining what it means to be an ETH-first corporation. Together, they’ve acquired more ETH than the Ethereum Foundation itself, propelling a growing trend among public firms treating ETH not as a speculative asset, but as a core part of their balance sheets. SharpLink Gaming, a Minneapolis-based fan engagement and iGaming performance firm, has emerged as one of the largest ETH corporate holders in ...

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