SharpLink Gaming still has approximately $257 million in funds for future ETH acquisitions

PANews
PANews|Jul 16, 2025 08:21
SharpLink Gaming announced that since the launch of its ETH strategy on June 13, 2025, its ETH Concentration metric has increased from 2.00 to 2.46, representing a growth of 23%. This indicator measures the Ethereum support value behind every 1000 shares of SBET, and currently the company still has approximately $257 million in funds for subsequent ETH acquisitions. Previously, SharpLink raised approximately $413 million in net proceeds between July 7th and 11th, of which approximately $156 million has been invested in ETH.
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