Ethereum Holdings: SharpLink Acquisition Slows, Bitmine Seeks Growth

Recent Ethereum holdings activity suggests a shift in investment strategies. While SharpLink Gaming’s holdings remain steady at 837,230 ETH, data from BlockBeats indicates a slowdown in new acquisitions over the past week. Conversely, Bitmine has significantly expanded its ETH portfolio, accumulating an additional 206,900 ETH and now holding a total of 2.07 million ETH, according to recent data. Previously, on September 9th, SharpLink Gaming launched a $1.5 billion stock buyback program, repurchasing approximately one million shares of SBET. The company expressed confidence in their undervalued share price and stated that these purchases will enhance earnings and offer long-term shareholder value growth.