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SharpLink Expands Ethereum Holdings to $1.69 Billion

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by Giorgi Kostiuk

5 hours ago


SharpLink continues to actively invest in Ethereum, executing a large purchase of digital assets worth $295 million.

Massive Ethereum Purchase

On July 28, 2025, SharpLink purchased 77,210 ETH worth $295 million, raising its total Ethereum assets to 438,017 ETH valued at $1.69 billion. This deal was made through over-the-counter trading with Galaxy Digital. According to data shared by Lookonchain, this confirms the company's active participation in the cryptocurrency market.

Asset Management Strategy

Earlier this week, SharpLink also transferred $145 million in USDC to Galaxy, hinting at further purchases. In July alone, the firm acquired over 16,000 ETH, all actively staked to generate passive income. This shows that SharpLink views Ethereum not just as an asset but as a foundational pillar of its financial strategy.

Long-term Prospects of SharpLink

SharpLink's aggressive acquisition strategy highlights its ambition for higher levels of corporate crypto adoption. According to Arkham, the company currently holds 54.044 coins trading at $3,931.38. This approach also raises discussions on how businesses can safely integrate cryptocurrency into their financial reports.

SharpLink’s rapid accumulation strategy in Ethereum and focus on long-term participation confirm that the company seeks not just to grow its asset base but to shape a new approach to corporate digital assets.

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