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SharpLink buys $295M ETH, Ethereum tops $3,900

2025-07-28 10:22:13

SharpLink buys $295M ETH, Ethereum tops $3,900

Main Idea

SharpLink Gaming has significantly increased its Ether holdings by purchasing an additional 77,210 ETH, valued at $295 million, leading to a 7% premarket stock price increase.

Key Points

1. SharpLink Gaming (NASDAQ:SBET) is the second-largest corporate holder of Ether (ETH-USD).

2. The company added 77,210 ETH to its holdings, worth $295 million.

3. SharpLink Gaming's stock rose 7% in premarket trading following the announcement.

Description

More on SharpLink Gaming, Ethereum USD Bitcoin Pulls Back, Leaving A Mixed Sentiment In Crypto Markets (Technical Analysis) Wall Street Loads Up On Ethereum, Yield Is Only Half The Story Why The Ethereum Complex Stands To Win SharpLink taps BlackRock digital assets pioneer Joseph Chalom as co-CEO Trump-backed World Liberty Financial buys Ethereum worth around $13M

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SBET ETH-USD

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