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SharpLink Gaming Buys $295M in Ether, Tightens Grip as Second-Largest ETH Holder

2025-07-28 12:44:57

SharpLink Gaming Buys $295M in Ether, Tightens Grip as Second-Largest ETH Holder

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Description

SharpLink Gaming has cemented its position as a major player in the Ethereum ecosystem, acquiring an additional 77,210 ETH—valued at approximately $295 million—in a single transaction. This recent purchase pushes its total Ether holdings beyond 438,000 ETH, worth over $1.69 billion, making it the second-largest corporate holder of Ether after Bitmine Immersion Technologies. What makes this acquisition more striking is that it surpasses Ethereum’s net issuance for the past 30 days, which stood at...

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