SharpLink USA Acquires Additional 12,000 ETH, Aiming to Become the World's Largest Ethereum Holder

2025/06/25 09:16
CoinPost
Written by L.Kikutani
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SharpLink USA Acquires Additional 12,000 ETH, Aiming to Become the World's Largest Ethereum Holder

Increasing ETH Holdings

SharpLink Gaming (SBET), listed on NASDAQ, announced on the 24th that it had purchased an additional 12,207 Ethereum (ETH) for approximately $30.67 million between June 16 and June 20. The average purchase price was $2,513 per ETH, bringing the company's total ETH holdings to 188,478 units. During the same period, the company sold 2,547,180 of its own shares through an At-The-Market (ATM) offering system, generating net proceeds of approximately $27.7 million. The majority of these funds were allocated as capital for the ETH purchase. On June 2, SharpLink initiated a financial strategy focusing on Ethereum, maintaining its holdings of ETH...

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.