Sharplink buys $259M in Ether as ETH accumulation race heats up
Main Idea
SharpLink Gaming made a record-breaking purchase of 79,949 ETH, reclaiming its position as the world's largest public ETH holder amid a competitive race with BitMine Immersion.
Key Points
1. SharpLink Gaming acquired 79,949 ETH at an average price of $3,238, its largest purchase to date.
2. The purchase increased SharpLink's total Ether holdings to 360,807 ETH, valued at approximately $1.3 billion.
3. BitMine Immersion briefly surpassed SharpLink in ETH holdings with 300,657 ETH after a $250 million private placement raise.
4. CoinGecko had not yet updated its public companies list by Ether holdings to reflect SharpLink's latest purchase at the time of reporting.
Description
SharpLink bought 79,949 ETH — its largest such purchase — to reclaim its status as the world’s largest public ETH holder.
Latest News
- US looks to grab $7.1M in crypto from oil and gas investment scam2025-07-23 06:50:38
- Bank of England mulls canning CBDC plan: Report2025-07-23 06:33:06
- Crypto traders with ‘emotionless approach’ to do well this cycle — Exec2025-07-23 06:29:47
- SEC approves, then instantly pauses Bitwise’s ETF conversion2025-07-23 05:41:23
- 21Shares files with SEC for spot ONDO ETF2025-07-23 04:38:08