Sharplink Buys $259M In ETH As Price Surges Past $3.8K
Summary
SharpLink Gaming has acquired 79,949 Ether (ETH) at an average price of $3,238, totaling approximately $258.9 million. This purchase increased SharpLink's total Ether holdings to 360,807 ETH, valued at around $1.3 billion. This acquisition reestablished SharpLink as the largest publicly traded ETH holder, surpassing BitMine Immersion Technologies, which reported holdings of 300,657 ETH valued over $1 billion. SharpLink's recent purchase was not yet reflected on CoinGecko’s list of public companies by Ether holdings. The competition for Ether accumulation among public companies is intensifying.
