SharpLink Gaming Amasses 358,000 ETH, Securing $260M Unrealized Gains Following MicroStrategy Model
2025-07-19 01:10:11
Main Idea
SharpLink Gaming has acquired 358,000 ETH with an average cost of $2,825 per ETH, resulting in $260 million in unrealized gains, highlighting its successful long-term crypto investment strategy.
Key Points
1. SharpLink Gaming purchased 4,904 ETH worth $17.45 million via Coinbase Prime.
2. The company now holds a total of 358,000 ETH with an average acquisition cost of $2,825 per ETH.
3. SharpLink Gaming's current portfolio shows an unrealized gain of $260 million.
4. The acquisition mirrors the investment approach of MicroStrategy.
Description
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$ETH
$3554.63
+0.04%
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