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SharpLink Gaming has acquired 77,210 ETH worth approximately $295 million, according to onchain analysis from Lookonchain. The acquisition raises its total holdings above 438,000 ETH (~$1.69 billion) and reinforcing its status in the institutional ETH treasury race.
What’s the Scoop?
- Total Holdings: After the transaction, SharpLink’s treasury totals over 438,000 ETH ($1.69 billion).
- Staking & Yield: The firm stakes over 95% of its ETH holdings to generate on-chain yield.
- Competitive Position: SharpLink now trails BitMine Immersion Technologies (~566,000 ETH) and leads other public firms like GameSquare and Bit Digital in corporate ETH treasuries.
