Sharplink Gaming witnessed a 13.08% pre-market stock surge to $32.820 following its latest purchase of 6,377 Ethereum (ETH) valued at $19.56 million.
This transaction contributes to a broader accumulation strategy where the company added 91,330 ETH (approximately $275 million) to its reserves over the past week. Sharplink Gaming retains $257 million in capital specifically allocated for future Ethereum acquisitions.
The aggressive expansion highlights the company’s strategic commitment to growing its cryptocurrency portfolio and strengthening its position in the digital asset market.