SharpLink Gaming listed in the US, additionally purchases 74,656 Ethereum

Source
Son Min

Summary

  • SharpLink Gaming announced it has recently purchased an additional 74,656 Ethereum (ETH) at an average price of $2,852.
  • Currently, SharpLink Gaming holds about 280,706 ETH, reportedly the largest amount among companies.
  • The company revealed plans to purchase additional Ethereum with the remaining $257,000,000, drawing the attention of investors.

SharpLink Gaming, an online technology company listed on NASDAQ, has reportedly acquired an additional 74,656 Ethereum (ETH).

On the 15th (local time), SharpLink Gaming announced on X (formerly Twitter), "From the 7th to the 13th, we purchased 74,656 ETH ($213,000,000)" and added, "The average purchase price was $2,852." The company continued, "We are now the company holding the most Ethereum," and noted, "We currently hold approximately 280,706 ETH."

Additionally, further purchases were hinted at. SharpLink Gaming stated, "Through at-the-market (ATM) stock issuances last week, we raised $413,000,000 and purchased $156,000,000 worth of Ethereum," adding, "We also plan to use the remaining $257,000,000 to purchase more Ethereum."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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