Ethereum's MicroStrategy Receives ETH Purchase Again From Nasdaq-Listed Company! "Retains Its Position as the World's Largest ETH Holder!"

Sharplink Gaming, a Nasdaq-listed company that has been on the agenda for a while with its Ethereum ($ETH) purchase, announced that it has purchased $ETH again.

SharpLink Gaming posted on its X account that it purchased approximately 7,689 $ETH between June 28 and July 4 for approximately $19.2 million at an average price of $2,501 per $ETH.

He added that the company, which implemented a treasury strategy focused on Ethereum, increased its total assets to 205,634 $ETH.

The company stated that it has allocated 100% of its $ETH to staking and retaking and has won 322 $ETH rewards since June 2.

“SharpLink now holds 205,634 $ETH.

Between June 28 and July 4, SharpLink purchased approximately 7,689 $ETH for approximately $19.2 million at an average price of $2,501 per $ETH

During the same period, the company raised an additional ~$64.2 million by selling ~5.4 million shares through its ATM facility

SharpLink has allocated 100% of its $ETH holdings to staking and retaking, earning ~100 $ETH in rewards last week and ~322 $ETH in total since June 2.

$ETH per share (“$ETH Concentration”) has increased by approximately 18.8% since June 13.”

With these acquisitions, the company continues to maintain its position as the largest public $ETH holder in the world and the second largest holder after the Ethereum Foundation.

*This is not investment advice.