# SharpLink Adds $252M in ETH

*Author: Bankless*
*Published: Aug 26, 2025*
*Source: https://www.bankless.com/read/sharplink-adds-252m-in-eth*

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SharpLink [purchased](https://investors.sharplink.com/sharplink-announces-total-eth-holdings-increased-to-797704-as-of-august-24-2025-raised-360-9-million-in-net-proceeds-for-week-of-august-18-august-22-2025/) 56,533 ETH last week for around $252 million, pushing its total ether holdings to 797,704 ETH worth approximately $3.61 billion as of Tuesday afternoon.

### What’s the Scoop?
- **Treasury Growth:** SharpLink’s ETH stash grew by 8% last week, acquired at an average price of $4,462 per coin.
- **War Chest:** The firm raised $360.9 million via its equity facility and said it still has $200 million in cash set aside for more ether purchases.
- **Staking Payouts:** Since launching its treasury strategy on June 2, the company has earned 1,799 ETH (over $8 million) in staking rewards.
- **Buyback Program:** SharpLink previously authorized a $1.5 billion stock repurchase program, aiming to act when shares dip below ETH NAV.
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