SharpLink Gaming Invests $667 Million in Ethereum, Boosting Holdings to $3.1 Billion

Gaming company SharpLink Gaming has made a significant investment in cryptocurrency, purchasing $667 million worth of Ethereum. This move brings their total holdings to $3.1 billion, positioning them among the largest institutional Ethereum holders. This substantial purchase reflects growing institutional confidence in the future of Ethereum as a foundational element of decentralized applications and tokenized assets. The company’s actions come at a time when Ethereum continues to attract attention for its staking ecosystem and Layer 2 expansion.