SharpLink’s Ether Holdings Surpass $3.1B, Catching Up to BitMine
SharpLink Gaming (SBET), an Ethereum treasury firm listed on Nasdaq and founded by Ethereum co-founder Joe Lubin, reported a substantial increase in its ether holdings, reaching over $3.1 billion. This surge includes the recent purchase of 143,593 ETH last week, positioning SharpLink as a major player in the Ethereum acquisition landscape. The company’s strategy underscores a growing trend where firms increasingly leverage Ether to solidify their financial standings. Investors will be keenly observant of how this acquisition pace continues to shape the crypto market.