On August 4, 2025, SharpLink Gaming expanded its Ethereum holdings by purchasing $108 million worth of ETH, acquiring approximately 14,933 ETH at an average price of $3,550 per token through Galaxy Digital. This move brings the company’s total Ethereum treasury to around 464,000 ETH, valued at about $1.62 billion, signaling strong corporate confidence in the asset despite recent market volatility. The purchase echoes strategies like MicroStrategy’s Bitcoin accumulation, as SharpLink leverages price dips to build its position in cryptocurrency. This development highlights growing institutional adoption of Ethereum in the gaming sector amid broader crypto market uncertainties.
SharpLink Gaming Adds $108M in Ethereum to Treasury
