#SharpLink Gaming Adds $43M in ETH Through Galaxy Digital OTC Deal


#SharpLink Gaming has purchased 11,259 $ETH for $43.09 million at $3,828 per token via #GalaxyDigital.


The Nasdaq-listed company now holds 449,276 $ETH worth approximately $1.73 billion total.


This follows their earlier $295 million purchase of 77,210 $ETH just days ago.


SBET shares jumped 3% in pre-market trading after the purchase was revealed.


The Ether Machine also bought 15,000 $ETH for $57 million, bringing holdings above 334,000 tokens.


Corporate $ETH treasuries have surpassed $10 billion across 64 entities this week.


A VeChain executive has called this institutional race "existential" for companies in the new financial paradigm.

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July 31, 2025 at 4:20 PM
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