SharpLink Gaming, Inc. has significantly enhanced its digital asset treasury by increasing its Ethereum reserves to 521,939 ETH, making it the second-largest corporate holder of Ethereum in the world.
Ethereum Holdings Growth
As of August 3, 2025, SharpLink Gaming acquired an additional 83,561 ETH between July 28 and August 3. This purchase was valued at $303.7 million at an average price of $3,634 per ETH. The total amount of ETH held by the company has reached 521,939 ETH.
Asset Accumulation Strategy
The acquisition was supported by an ongoing At-the-Market (ATM) program, which raised $543.7 million through the sale of common shares over the past two weeks. This highlights investor confidence in the company’s crypto strategy. Since launching its Ethereum-focused strategy on June 2, 2025, SharpLink has also earned 929 ETH in staking rewards, adding passive yield to its digital asset portfolio.
Company's Outlook
Co-CEO Joseph Chalom emphasized, "SharpLink remains deeply committed to its mission of creating enduring shareholder value by building the largest and most trusted ETH treasury company." SharpLink is now exploring new capital formation opportunities to further expand its ETH holdings.
In conclusion, SharpLink Gaming continues to strengthen its market position, recognizing Ethereum's importance in decentralized finance and aiming to become a leader in digital asset management.
