#SharpLink Gaming Adds $295 Million in
$ETH, Holdings Reach 438,000 Tokens
Nasdaq-listed SharpLink Gaming has purchased 77,210
$ETH worth $295 million, according to on-chain data from Lookonchain.
The company now holds 438,017
$ETH valued at approximately $1.7 billion at current market prices.
Former #BlackRock executive Joseph Chalom recently joined SharpLink as co-CEO to lead the
$ETH treasury strategy.
#Ethereum co-founder Joseph Lubin chairs SharpLink and called Chalom's hiring a "resounding validation" of their approach.
The firm ranks among the largest corporate
$ETH treasury holders globally.
Stock closed down 5.7% Friday but remains up 113.9% over the past month and 186.3% year-to-date.
$ETH gained 2.9% in 24 hours following the purchase announcement.
SharpLink continues to build one of the most aggressive
$ETH treasurey strategies in traditional finance.
