$ETH Corporate Holdings Surge as SharpLink Adds $118M More $ETH


#SharpLink Gaming acquired another 32,892 $ETH worth $118.8 million on Thursday, extending its position as the largest corporate holder of $ETH.


The Nasdaq-listed firm obtained 18,712 $ETH from Galaxy Digital and 14,180 $ETH from Coinbase Prime in separate transactions.


SharpLink has aggressively accumulated 144,501 $ETH over the past nine days, bringing total holdings to over 353,000 $ETH.


The company updated its #SEC prospectus to increase stock eligible for sale to $6 billion from $1 billion, potentially to accelerate its #Ethereum buying strategy.


The stock has risen 373.96% year-to-date as $ETH traded up 8% in 24 hours to $3,605, reinforcing $ETH's institutional adoption momentum.

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July 18, 2025 at 2:43 PM
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