SharpLink Expands ETH Holdings with Major Staking Rewards

SharpLink Gaming announced that between July 28 and August 3 it purchased 83,561 ETH at an average price of $3,634, totaling around $337 million, which raised its total ETH holdings to 521,939—a 19% increase from the previous week and ranking second among 66 ETH treasury companies per SER data. Additionally, the company raised $264.5 million via an ATM offering to fund further ETH acquisitions and has staked 100% of its ETH, earning 929 ETH in staking rewards since its strategy began on June 2.

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