SharpLink Doubles Ethereum Holdings with $360 Million Raise

Gaming company SharpLink Gaming significantly increased its Ethereum holdings last week. The company bought an additional 56,533 ETH at an average price of $4,462, raising its total holdings to 797,704 ETH. This investment adds approximately $3.7 billion to the firm’s overall assets. The purchase comes after SharpLink raised $360.9 million through its At-the-Market (ATM) facility between August 18th and 22nd, bolstering its liquidity for future acquisitions.