SharpLink Gaming strategically increases ETH holdings by acquiring additional 9,468 ETH for $22.8 million.
From GlobeNewswire: 2025-07-01 09:52:00
SharpLink Gaming, Inc. strategically increases ETH holdings to 198,167, acquiring an additional 9,468 ETH for $22.8 million. Company raised $24.4 million through ATM facility, majority to be used for ETH treasury holdings. 100% of ETH reserves deployed in staking, earning 102 ETH in rewards. ETH Concentration metric introduced, showing increase from 2.00 ETH to 2.35 ETH. Elevate IR appointed as investor relations firm, to collaborate with executive leadership on communications strategy. CEO emphasizes Ethereum as foundation for future capital management and online gaming infrastructure. Company aims to revolutionize iGaming industry with innovative solutions.
Read more at GlobeNewswire: SharpLink Gaming Increases ETH Treasury