SharpLink Gaming Inc. actively accumulates Ethereum, continuing to invest significant amounts in this cryptocurrency. In recent months, the company has notably increased its ETH holdings.
SharpLink Gaming's Ethereum Purchases
In recent days, SharpLink Gaming Inc. acquired 16,374 Ethereum from a wallet that purchased tokens off the over-the-counter market from Galaxy Digital. This cumulatively increased the company's reserves to 270,000 ETH, underscoring its commitment to this cryptocurrency.
Statistics and Key Transactions
Since late May 2025, SharpLink has been actively investing in Ethereum, announcing a $425 million private placement to fund ETH acquisitions. Key transactions include: - 176,270.69 ETH for $462.9 million - 12,207 ETH for $30 million - 7,689 ETH for $19.2 million Thus, the total value of ETH purchases exceeded $500 million.
Current Ethereum Prices and Forecasts
According to CoinMarketCap, Ethereum is currently trading at $3,041, with an 18% weekly gain. The market capitalization of ETH stands at $366.75 billion. Expected resistance levels in the near future are $3,259 and $3,500.
SharpLink Gaming Inc. continues to show activity in investments in Ethereum, which may impact the cryptocurrency market. The company's success in acquiring ETH amidst market instability reflects its long-term strategy.
