SharpLink Gaming Inc. purchased $66.63 million worth of Ethereum, acquiring 18,680 ETH, now holding a total of 498,711 ETH valued at $1.81 billion. The company, initially a sports betting provider, shifted focus to digital assets. The stock price surged 12.66% to $19.31 on the day of the purchase, with a 281.55% increase over six months. SharpLink’s market cap is $2.07 billion.
Read more at Yahoo Finance: SharpLink Ups Ethereum Bets, Closes In On 500,000 ETH Holdings