SharpLink Acquires $177 Million in Ethereum: A Shift Towards Programmable Altcoin

Crypto trading giant SharpLink has made a bold move, acquiring 39,008 ETH for $177 million at an average price of $4,531. This significant investment marks a shift in their strategy toward Ethereum and positions them as a major player in the programmable altcoin space. The company’s total ETH holdings now surpass 837,230 ETH worth nearly $3.6 billion, demonstrating a substantial commitment to the platform.