SharpLink continues to actively accumulate Ethereum. According to on-chain data, it has added another 15,822 ETH in the past few hours, worth approximately $53.9 million.
These purchases are distributed across multiple transactions. According to Arkham Intelligence, the largest single transfer totaled 6,914 ETH, valued at $23.56 million.
The new acquisitions bring SharpLink's total ETH holdings to 480,031 ETH, worth about $1.65 billion at current prices. This buying frenzy has been ongoing for the past 48 hours, during which the company spent $108.57 million USDC to acquire 30,755 ETH at an average price of $3,530.
According to on-chain data, last Thursday, SharpLink also spent $43.09 million USDC to purchase 11,259 ETH at an average price of $3,828.
Last week, The Ether Machine added 15,000 ETH to its treasury in a $56.9 million purchase. This acquisition was completed at an average price of $3,809 per ETH, coinciding with the 10th anniversary of Ethereum.
With the latest move, The Ether Machine's holdings have risen to 334,757 ETH, surpassing the Ethereum Foundation's 234,000 ETH. According to StrategicETHReserve, the company is now ranked as the third-largest corporate ETH holder, behind BitMine and SharpLink.
The Ether Machine was formed earlier this year through a merger with Nasdaq-listed Dynamix Corp. and is seeking to raise $1.6 billion, planning to go public later this year under the ticker symbol ETHM.
According to Ray Youssef, CEO of NoOnes, companies are accelerating their purchases of Ethereum, viewing the network as the infrastructure of the digital economy.
Youssef describes Ethereum as "a hybrid of tech equity and digital currency," making treasury strategies focused on utility rather than merely passive storage increasingly attractive.
Youssef stated that the staking yields, programmability, and regulatory consistency of ETH are attracting forward-thinking companies. Ethereum currently hosts the majority of tokenized assets and stablecoins, holding a 58.1% share of the $13.4 billion real-world asset market.
With its growing dominance and enterprise use cases, Ethereum is rapidly becoming the preferred reserve currency for companies operating in the tokenized finance space.
Related: Ethereum researcher proposes "streamlined" network to tackle the quantum era
Original article: “SharpLink buys $54 million in Ethereum (ETH), current holdings valued at $1.65 billion”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
