SharpLink Gaming increased its Ethereum position to about 797,704 coins after buying roughly 56,533 ETH last week for around $250 million, according to a company update dated Aug
SharpLink Gaming increased its Ethereum position to about 797,704 coins after buying roughly 56,533 ETH last week for around $250 million, according to a company update dated Aug. 24.
The latest purchase, executed at an average price near $4,462 per coin, lifts the company’s total ETH holdings to an estimated market value of $3.7 billion.
SharpLink said it also raised $360.9 million in net proceeds during the week of Aug. 18–22, providing additional liquidity for digital-asset investments as it continues to build exposure to the world’s second-largest cryptocurrency.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
Source: https://thedefiant.io/news/markets/sharplink-gaming-lifts-ethereum-holdings-to-nearly-800000-coins-17527ac2