Bitprismia

SharpLink Adds $225 Million in Ethereum to Industry-Leading ETH Treasury

2025-07-15 16:11:49

Main Idea

SharpLink Gaming has acquired 280,000 Ethereum worth $846 million, marking a significant investment in the cryptocurrency, while other notable events include a dormant Bitcoin whale moving $4 billion and Standard Chartered launching institutional Bitcoin and Ethereum trading services.

Key Points

1. SharpLink Gaming owns 280,000 Ethereum worth $846 million, purchased over the past month, and has earned $283,000 in staking rewards.

2. A Satoshi-era Bitcoin wallet moved 40,009 BTC (worth $4.7 billion) to Galaxy Digital, with 6,000 BTC later transferred to a private placement for Ethereum purchases.

3. Standard Chartered now offers institutional Bitcoin and Ethereum trading services from its U.K. branch, marking a significant step in traditional finance's engagement with crypto.

4. Grayscale has confidentially submitted preliminary paperwork for a potential IPO, signaling a revival in crypto-related public offerings.

5. Metaplanet CEO Simon Gerovich is involved in acquiring Asian firms to promote Bitcoin adoption, including a recent acquisition in South Korea.

Description

The company started accumulating the asset just over a month ago.

>> go to origin page
Tags:
Business
📱 Full Version
$ETH
$3151.50
+5.09%