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SharpLink's Stock Soars Over 25%, Ethereum Holdings Surpass 200,000 ETH

2025/07/09 09:21
CoinPost
Written by L.Kikutani
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SharpLink's Stock Soars Over 25%, Ethereum Holdings Surpass 200,000 ETH

Stock Prices Surge as Holdings Exceed 200,000 ETH

SharpLink Gaming (SBET), a Nasdaq-listed affiliate marketing firm, announced on July 8th that it held 205,634 Ethereum (ETH) as of July 4th. This amount, approximately valued at 78.5 billion yen, underscores the company's strategic emphasis on Ethereum in its financial operations.

SharpLink's ETH holdings have surpassed 200,000 for the first time, ranking just behind the Ethereum Foundation. Between June 28th and July 4th, the company purchased 7,689 ETH at an average price of approximately $2,501 per ETH.

During this period, SharpLink also issued about 5.5 million ordinary shares...

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Iolite Vol.14

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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.