# Ethereum Foundation Sells 10,000 ETH to SharpLink Gaming

*Author: Bankless*
*Published: Jul 11, 2025*
*Source: https://www.bankless.com/read/ethereum-foundation-sells-10-000-eth-to-sharplink-gaming*

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The Ethereum Foundation has executed a private over-the-counter (OTC) sale of 10,000 ETH to public crypto treasury company SharpLink, marking a significant move in the foundation's asset management strategy. This transaction, valued at approximately $30 million, represents the foundation's first known OTC deal with a public company. 

### What’s the Scoop?
- **Strategic Sale:** The Ethereum Foundation sold 10,000 ETH to SharpLink Gaming in an OTC deal worth around $30 million.
- **Foundation's Treasury Management:** This sale aligns with the foundation's practice of periodically liquidating assets to support its initiatives.
- **SharpLink's Crypto Holdings:** The acquisition adds to SharpLink's growing Ethereum treasury, reflecting its commitment to integrating blockchain technologies into its operations.
- **Market Impact:** Such OTC transactions are designed to minimize market disruption, ensuring price stability during large asset transfers.
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