SharpLink Acquires 79,949 Ethereum, Expands Treasury to 360,807 ETH

Description

SharpLink Gaming, a Nasdaq-listed company chaired by Ethereum co-founder Joseph Lubin, has increased its Ethereum (ETH) reserves by nearly 30% in a strategic treasury move. The company acquired 79,949 ETH between July 14 and July 20 at an average price of $3,238 per token, bringing its total holdings to 360,807 ETH. The acquisition comes amid a broader trend of corporates diversifying treasury strategies by incorporating digital assets like Ethereum. Staking Activity and Market Strategy To fund ...