Sharplink Gaming (Nasdaq: SBET) has once again made headlines with another major Ethereum purchase, solidifying its position as the largest corporate holder of ETH—surpassing even the Ethereum Foundation.
Between July 14 and 20, the company acquired nearly 80,000 ETH worth approximately $259 million, at an average price of $3,238.
This single-week accumulation marks the biggest weekly ETH buy on record. Sharplink’s total Ethereum treasury now stands at 360,807 ETH, following a 29% increase in holdings over the past week.
Since initiating its Ethereum-based treasury strategy on June 2, 2025, Sharplink has staked over 99% of its holdings, earning 567 ETH in rewards so far.
The firm’s ETH per share has risen by 53% in just over a month, now averaging around 3.06 ETH per share.
With roughly $96.6 million still reserved for future acquisitions, Sharplink is quickly becoming for Ethereum what Strategy (formerly MicroStrategy) is for Bitcoin—an aggressive corporate accumulator reshaping on-chain treasury management.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/sharplink-gaming-becomes-ethereums-biggest-corporate-holder/