SharpLink Doubles Ethereum Holdings After $537M Funding Raise

SharpLink Gaming, a U.S.-listed company, has significantly bolstered its Ethereum holdings through a recent acquisition and funding round. The firm’s ETH reserves now stand at a substantial 740,760 ETH after buying 143,593 ETH in a single week ending August 17, 2025. This move puts SharpLink among the world’s largest corporate Ethereum holders. The company’s strategic purchase was fueled by its $537 million funding raise, utilizing an At-the-Market facility and a direct offering, providing financial flexibility for further investments.