SharpLink Gaming, a Nasdaq-listed gaming marketing company, continues to increase its investments in cryptocurrency with the purchase of 4,951 ETH.
New Ethereum Purchase
On June 30, 2025, SharpLink Gaming acquired 4,951 ETH through an OTC deal valued at approximately $12.4 million. This purchase is part of the company's strategy, which has previously included significant Ethereum acquisitions.
Accumulation Strategy
SharpLink's total Ethereum holdings now exceed 193,000 ETH. A large portion of these reserves is staked through Figment, yielding around 3% annual return. This approach helps the company benefit from both Ethereum's long-term growth and staking income.
Future of SharpLink in Crypto Investments
SharpLink's aggressive accumulation strategy positions it as one of the largest public companies holding Ethereum. As institutional interest in Ethereum grows, SharpLink could set a precedent for other firms looking to expand into crypto technology.
SharpLink's investments in Ethereum highlight growing interest among institutional players, showcasing new opportunities related to long-term investments in decentralized finance and other areas.
