SharpLink Bets Big on Ethereum, $667M Buy Lifts Holdings above $3B

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SharpLink Gaming just made one of the largest Ethereum buys this year. The sports betting firm added 143,593 ETH for about $667M, paying an average of $4,648 per coin. The move lifts its total treasury to 740,760 ETH, now worth around $3.18B at current prices. Almost all of that ETH is staked on Ethereum’s proof-of-stake chain. SharpLink isn’t just holding ETH for price exposure. It’s locking capital into the network and earning yield. Since launching its treasury strategy on June 2, the firm has generated 1,388 ETH in rewards, about $6M at today’s prices. NEW: SharpLink acquired 143,593 ETH at

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