Sharplink Gaming, a Nasdaq-listed company that has been on the agenda for a while with its Ethereum ($ETH) purchase, announced that it has purchased $ETH again. SharpLink Gaming posted on its X account that it purchased approximately 7,689 $ETH between June 28 and July 4 for approximately $19.2 million at an average price of $2,501 per ETH. He added that the company, which implemented a treasury strategy focused on Ethereum, increased its total assets to 205,634 ETH. The company stated that it has allocated 100% of its $ETH to staking and retaking and has won 322 $ETH rewards since June 2. "SharpLink now holds 205,634 ETH. Between June 28 and July 4, SharpLink purchased approximately 7,689 $ETH for approximately $19.2 million at an average price of $2,501 per $ETH During the same period, the company raised an additional ~$64.2 million by selling ~5.4 million shares through its ATM facility SharpLink has allocated 100% of its $ETH holdings to staking and retaking, earning ~100 $ETH in rewards last week and ~322 $ETH in total since June 2. $ETH per share (“$ETH Concentration”) has increased by approximately 18.8% since June 13.” With these acquisitions, the company continues to maintain its position as the largest public $ETH holder in the world and the second largest holder after the Ethereum Foundation. https://twitter.com/SharpLinkGaming/status/1942555799781519808 *This is not investment advice.
Sharplink Gaming, a Nasdaq-listed company that has been on the agenda for a while with its Ethereum (ETH) purchase, announced that it has purchased ETH again. SharpLink Gaming posted on its X account that it purchased approximately 7,689 ETH between June 28 and July 4 for approximately $19.2 million at an average price of $2,501 per ETH. He added that the company, which implemented a treasury strategy focused on Ethereum, increased its total assets to 205,634 ETH. The company stated that it has allocated 100% of its ETH to staking and retaking and has won 322 ETH rewards since June 2. "SharpLink now holds 205,634 ETH. Between June 28 and July 4, SharpLink purchased approximately 7,689 ETH for approximately $19.2 million at an average price of $2,501 per ETH During the same period, the company raised an additional ~$64.2 million by selling ~5.4 million shares through its ATM facility SharpLink has allocated 100% of its ETH holdings to staking and retaking, earning ~100 ETH in rewards last week and ~322 ETH in total since June 2. ETH per share (“ETH Concentration”) has increased by approximately 18.8% since June 13.” With these acquisitions, the company continues to maintain its position as the largest public ETH holder in the world and the second largest holder after the Ethereum Foundation. https://twitter.com/SharpLinkGaming/status/1942555799781519808 *This is not investment advice.