SharpLink Buys $54 Million More $ETH, Expanding Corporate Holdings


SharpLink has purchased another 15,822 $ETH worth $53.9 million, bringing total holdings to 480,031 $ETH valued at $1.65 billion.


The company spent $108.57 million USDC over 48 hours to acquire 30,755 $ETH at an average price of $3,530.


The Ether Machine also joined the buying spree, adding 15,000 $ETH worth $56.9 million to reach 334,757 total tokens.


Corporate treasuries are increasingly viewing $ETH as essential digital economy infrastructure rather than just passive storage.


$ETH staking yield, programmability, and regulatory alignment attract forward-looking companies seeking utility-focused assets.


The network hosts 58.1% of the $13.4 billion real-world asset market, positioning it as the reserve currency for tokenized finance.


The Ether Machine now ranks as the third-largest corporate $ETH holder, behind only BitMine and SharpLink.

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August 03, 2025 at 9:45 PM
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