SharpLink Acquires $3.18 Billion Worth of Ethereum, Further Strengthening Institutional Holdings

Cryptocurrency platform SharpLink has expanded its ETH holdings by acquiring an additional 143,593 ETH, bringing the total to 740,760 ETH and adding up to a significant market value of $3.18 billion as of August 17, 2025. This strategic acquisition solidifies SharpLink’s position as one of the top institutional Ethereum holders in the market. The company has also raised nearly $900 million in capital through direct offerings in recent weeks, demonstrating growing investor confidence in their ETH treasury strategy. 8% of this investment was allocated to purchasing additional ETH, highlighting the strategic foresight and commitment to long-term growth within the cryptocurrency sphere.