SharpLink Gaming Doubles Down on Ethereum Holdings Amidst Market Surge

Sports betting platform SharpLink Gaming has significantly increased its Ether (ETH) holdings, acquiring 143,593 ETH last week as the cryptocurrency surged towards new all-time highs. The acquisition, valued at $667.4 million at an average price of $4,648 per ETH, brings their total Ethereum holdings to a substantial 740,760 ETH and represents a major investment in the PoS network. SharpLink’s increased engagement with Ether is further reflected by their recent 1,388 ETH in staking rewards, signaling participation in the PoS protocol.