SharpLink Gaming Adds 12,207 $ETH in Second Corporate Treasury Expansion


Minnesota affiliate marketing firm SharpLink Gaming has purchased $30.7 million worth of $ETH between June 16 and 20, averaging $2,513 per token.


This brings SharpLink's total holdings to 188,478 $ETH, positioning the company as the second-largest corporate Ether holder globally.


The Ethereum Foundation remains the largest holder with 213,072 $ETH, while SharpLink continues aggressive accumulation strategies.


Consensys co-founder Joseph Lubin chairs SharpLink's board following the firm's $425 million private placement in early June.


The company generated $27.7 million from share sales through its at-the-market facility to fund additional $ETH purchases.


SharpLink staked 100% of its holdings and has earned 120 $ETH worth $293,811 since June 2 through #staking rewards.


The strategy reflects growing corporate adoption of $ETH as firms position for blockchain advancement and next-generation #DeFi applications.

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June 25, 2025 at 12:13 AM
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