SharpLink Gaming purchases 10000 ETH directly from the Ethereum Foundation

According to Foresight News, SharpLink Gaming (NASDAQ: SBET) completed a transaction on July 10, 2025 to directly purchase 10000 ETH from the Ethereum Foundation for a total amount of $25.7237 million, with a unit price of $2572.37 per ETH. As the world's largest publicly traded company that uses Ethereum as its primary financial reserve asset, SharpLink plans to support the development of the Ethereum network through staking and re staking ETH.