SharpLink Gaming has significantly bolstered its position as the leading publicly listed holder of Ethereum (ETH), increasing its treasury holdings to 188,478 coins.
The company invested approximately $30.67 million to acquire the additional ETH at an average price of $2,513 per coin. This recent acquisition builds upon a previous substantial allocation of $463 million used to secure 176,271 ETH.
This strategic accumulation firmly establishes SharpLink Gaming as the public company with the largest known Ethereum reserves. The firm’s actions reflect a strong confidence in Ethereum’s long-term value proposition within the broader blockchain ecosystem.