Summary
- SharpLink Gaming has been reported to be designating Ethereum as a strategic reserve asset and is continuing large-scale additional acquisitions.
- It was announced that they recently acquired 14,933 Ethereum at an average price of 3,550 dollars, pushing their total holdings over 464,000 ETH.
- It is reported that their current Ethereum holdings amount to approximately 1.62 billion dollars.
SharpLink Gaming, which has designated Ethereum (ETH) as a strategic reserve asset, continues to consistently increase its Ethereum holdings.
According to AmberCN on the 1st (local time), SharpLink recently deposited 108 million USDC to Galaxy Digital within the past 7 hours. Out of this, 53 million dollars were used to acquire an additional 14,933 ETH at an average price of 3,550 dollars.
Afterwards, an additional 55.56 million USDC was transferred to Galaxy, and the Ethereum accumulation continues. Meanwhile, SharpLink started stockpiling Ethereum in early June and has so far secured a total of 464,000 ETH. The average purchase price is about 3,029 dollars, making the current estimated value of the holdings around 1.62 billion dollars.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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