SharpLink purchased 7689 ETH last week, with a total position exceeding 200000 and receiving 322 Ethereum staking rewards

PANews|Jul 08, 2025 13:08
SharpLink Gaming (NASDAQ: SBET) announced that as of July 4, 2025, the company has purchased 7689 new Ethereum (ETH) at an average price of $2501 per coin, increasing its total holdings to 205634. Meanwhile, SharpLink raised $64 million through its ATM financing tool between June 28th and July 4th, of which $37.2 million will be used this week to further purchase ETH. As of now, SharpLink has invested all ETH into the staking and re staking agreement, and since launching the strategy on June 2nd, has accumulated 322 ETH staking rewards. In addition, the company has launched the "ETH Concentration" indicator, which reflects the amount of ETH per thousand diluted shares. Currently, this indicator has been raised to 2.37.
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