On July 8 (UTC+8), SharpLink Gaming (Nasdaq: SBET) announced that as of July 4, 2025, the company had newly purchased 7,689 Ethereum ($ETH) at an average price of $2,501.00 per coin, increasing its total holdings to 205,634 coins. At the same time, SharpLink raised $64.00 million through its ATM financing facility between June 28 and July 4, of which $37.20 million will be used this week to further purchase ETH. To date, SharpLink has invested all of its $ETH in staking and restaking protocols, and has accumulated 322 $ETH in staking rewards since launching the strategy on June 2. In addition, the company launched the "$ETH Concentration" metric, which reflects the number of $ETH corresponding to each thousand shares of diluted shares, and the metric has now increased to 2.37 coins. (Source: PANews) [MetaEra]
On July 8 (UTC+8), SharpLink Gaming (Nasdaq: SBET) announced that as of July 4, 2025, the company had newly purchased 7,689 Ethereum (ETH) at an average price of $2,501.00 per coin, increasing its total holdings to 205,634 coins. At the same time, SharpLink raised $64.00 million through its ATM financing facility between June 28 and July 4, of which $37.20 million will be used this week to further purchase ETH. To date, SharpLink has invested all of its ETH in staking and restaking protocols, and has accumulated 322 ETH in staking rewards since launching the strategy on June 2. In addition, the company launched the "ETH Concentration" metric, which reflects the number of ETH corresponding to each thousand shares of diluted shares, and the metric has now increased to 2.37 coins. (Source: PANews) [MetaEra]